secwatch.observer — SEC 8-K summary
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Issuer:     OppFi Inc. (OPFI)
CIK:        0001818502
Form:       8-K
Filed at:   2023-07-25T23:59:59+00:00
Accession:  0001818502-23-000010
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OppFi upsizes revolving credit facility with Atalaya to $250 million
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- Facility increased from $200M to $250M; new Tranche C of $125M maturing July 2027.
- Tranche C bears interest at Term SOFR + 7.5%; proceeds to fund receivables growth.
- Proceeds also used to repay existing Tranche A loans in full on July 19, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/0001818502-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818502/000181850223000010/opfi-20230719.htm
  HTML page:      https://secwatch.observer/filing/0001818502-23-000010

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