secwatch / observer
8-K filed October 24, 2023, 7:59 PM ET ticker CHPT CIK 0001777393
debt confidence high sentiment negative materiality 0.70

ChargePoint Holdings, Inc. (CHPT): debt financing — ChargePoint amends $300M convertible notes: rate up to 7% cash/8.5% PIK, maturity extended to 2028

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. amended convertible notes of $300 million with Wilmington Trust National Association at 7.00%, to the extent paid in cash, and 8.50%, to the extent paid in kind maturing April 1, 2028.

Instrument
convertible notes
Principal
$300 million
Counterparty
Wilmington Trust National Association
Rate
7.00%, to the extent paid in cash, and 8.50%, to the extent paid in kind
Maturity
April 1, 2028
Event
amendment
Exact text from the filing
On October 24, 2023, ChargePoint Holdings, Inc. (“the Company”) and ChargePoint, Inc. entered into a first supplemental indenture (the “First Supplemental Indenture”) amending the Indenture by and among the Company, ChargePoint, Inc., as guarantor, and Wilmington Trust National Association, as trustee, dated April 12, 2022 (the “Existing Indenture” and, together with the First Supplemental Indenture, the “Indenture”) governing the Company’s outstanding $300 million aggregate principal amount of 3.50% / 5.00% Convertible Senior PIK Toggle Notes due 2027 (the “Existing Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ChargePoint Holdings, Inc. amended First Supplemental Indenture with Wilmington Trust National Association (effective 2023-10-24).

Action
amendment
Agreement
notes offering
Counterparty
Wilmington Trust National Association
Effective
2023-10-24
Exact text from the filing
On October 24, 2023, ChargePoint Holdings, Inc. (“the Company”) and ChargePoint, Inc. entered into a first supplemental indenture (the “First Supplemental Indenture”) amending the Indenture by and among the Company, ChargePoint, Inc., as guarantor, and Wilmington Trust National Association, as trustee, dated April 12, 2022 (the “Existing Indenture” and, together with the First Supplemental Indenture, the “Indenture”) governing the Company’s outstanding $300 million aggregate principal amount of 3.50% / 5.00% Convertible Senior PIK Toggle Notes due 2027 (the “Existing Notes”).
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 0001777393-23-000034
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