secwatch / observer
8-K filed July 27, 2023, 7:59 PM ET ticker CHPT CIK 0001777393
debt confidence high sentiment neutral materiality 0.60

ChargePoint Holdings, Inc. (CHPT): debt financing — ChargePoint enters $150M senior secured revolving credit facility due 2027

ChargePoint Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

ChargePoint Holdings, Inc. incurred revolving credit of up to $150 million with JPMorgan Chase Bank, N.A. as administrative agent at Adjusted Term SOFR Rate plus a rate per annum of 2.75% maturing January 1, 2027.

Instrument
revolving credit
Principal
up to $150 million
Counterparty
JPMorgan Chase Bank, N.A. as administrative agent
Rate
Adjusted Term SOFR Rate plus a rate per annum of 2.75%
Maturity
January 1, 2027
Event
incurrence
Exact text from the filing
On July 27, 2023, ChargePoint Holdings, Inc. (the “Company”) entered into a Revolving Credit Agreement (the “Credit Agreement”) by and among the Company, ChargePoint, Inc., a wholly owned subsidiary of the Company, as borrower (the “Borrower”), certain subsidiaries of the Company, as guarantors (the “Subsidiary Guarantors”), the lender parties thereto and JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan”), providing for a senior secured revolving credit facility in an initial aggregate principal amount of up to $150 million with a maturity date of January 1, 2027
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ChargePoint Holdings, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent valued at up to $150 million (effective 2023-07-27).

Action
entry
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent
Value
up to $150 million
Effective
2023-07-27
Exact text from the filing
On July 27, 2023, ChargePoint Holdings, Inc. (the “Company”) entered into a Revolving Credit Agreement (the “Credit Agreement”) by and among the Company, ChargePoint, Inc., a wholly owned subsidiary of the Company, as borrower (the “Borrower”), certain subsidiaries of the Company, as guarantors (the “Subsidiary Guarantors”), the lender parties thereto and JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan”), providing for a senior secured revolving credit facility in an initial aggregate principal amount of up to $150 million with a maturity date of January 1, 2027 (the “Revolving Credit Facility”).
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

ChargePoint Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001777393-23-000025
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