secwatch.observer — SEC 8-K summary
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Issuer:     MediaAlpha, Inc. (MAX)
CIK:        0001818383
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001818383-26-000097
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818383/000181838326000097/0001818383-26-000097-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818383/000181838326000097/max-20260325.htm
  HTML page:      https://secwatch.observer/filing/0001818383-26-000097

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