---
schema_version: "secwatch.filing_event.v1"
accession: "0001818383-26-000097"
form_type: "8-K"
ticker: "MAX"
cik: "0001818383"
company_name: "MediaAlpha, Inc."
filed_at: "2026-03-30T23:59:59+00:00"
generated_at: "2026-05-15T08:25:44.510457+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MediaAlpha subsidiary amends credit agreement, obtains $150M term loan and $60M revolver

## Summary
- Borrowed $150M term loan and $60M revolving credit facility, both maturing March 25, 2031.
- Proceeds used to refinance existing term loans; remainder for general corporate purposes.
- Interest rates: SOFR plus 2.00%-3.00% or base rate plus 1.00%-2.00%, based on leverage ratio.
- Term loan amortizes quarterly starting June 30, 2026 at 1.25% then 2.50% of original principal.
- Obligations guaranteed by Holdings and secured by substantially all assets.

## SEC filing metadata
- accession: 0001818383-26-000097
- form_type: 8-K
- ticker: MAX
- cik: 0001818383
- company_name: MediaAlpha, Inc.
- filed_at: 2026-03-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818383/000181838326000097/0001818383-26-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818383/000181838326000097/max-20260325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818383-26-000097
- JSON: https://secwatch.observer/filing/0001818383-26-000097.json
- Plain text: https://secwatch.observer/filing/0001818383-26-000097.txt

## Key facts
- Material Agreements
  MediaAlpha, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and the lenders from time to time party thereto valued at $150 million term loan facility and $60 million revolving credit facility (effective 2026-03-25).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent and the lenders from time to time party thereto
  - Value: $150 million term loan facility and $60 million revolving credit facility
  - Effective: 2026-03-25
  source text: and (ii) a new five-year senior secured revolving credit facility with commitments in an aggregate amount of $60 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1818383/000181838326000097/0001818383-26-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.