secwatch.observer — SEC 8-K summary
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Issuer:     AppLovin Corp (APP)
CIK:        0001751008
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001751008-24-000017
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AppLovin refinances $3.56B term loans; new facilities mature in 2028 and 2030
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- Entered Amendment No. 10 to Credit Agreement on March 14, 2024; refinanced $1.464B (2028 maturity) and $2.093B (2030 maturity) term loans.
- New Term SOFR Loans have 50 bps floor and 2.5% applicable margin (base rate loans 1.5% margin).
- Voluntary prepayment of a portion of prior term loans; proceeds used to refinance remainder.
- Maturity dates: Oct 25, 2028 (for $1.464B) and Aug 18, 2030 (for $2.093B).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000017/0001751008-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1751008/000175100824000017/app-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001751008-24-000017

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