Root, Inc. closes $300M term loan, net proceeds ~$285M

Root, Inc.

Received $300M principal under Term Loan Agreement; net proceeds ~$285M after fees and expenses.
Borrower is subsidiary Caret Holdings, Inc.; loan dated January 26, 2022 and funded January 27, 2022.
Loan agreement previously filed as Exhibit 10.1 to prior 8-K on January 27, 2022.

item 2.03 item 1.01 item 9.01 item 7.01

Root, Inc. filing history →

Source: SEC EDGAR

accession 0001788882-22-000009

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