debt
confidence high
sentiment neutral
materiality 0.55
OppFi extends credit facility maturity to Sep 2025; adds $20M/$10M quarterly repayments
OppFi Inc.
- Twelfth Amendment extends maturity from March 30, 2025 to September 30, 2025.
- Requires $20M repayment on last day of fiscal quarter ending March 31, 2025.
- Requires $10M repayment on last day of each subsequent fiscal quarter thereafter.
- Amendment involves OppFi-LLC, guarantor subsidiaries, and Midtown Madison Management as administrative agent.