secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2023-06-12T23:59:59+00:00
Accession:  0001818383-23-000096
Event type: debt
Sentiment:  neutral
Materiality: 0.10
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MediaAlpha subsidiary amends credit agreement to replace LIBOR with SOFR
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- QuoteLab and QL Holdings entered Second Amendment to Credit Agreement on June 8, 2023.
- Amendment replaces LIBOR benchmark with Term SOFR plus 0.10% spread.
- Existing LIBOR loans remain until their Interest Period ends, then convert to SOFR or ABR loans.
- No changes to total commitments, pricing grid, or financial covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838323000096/0001818383-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838323000096/max-20230608.htm
  HTML page:      https://secwatch.observer/filing/0001818383-23-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer