---
schema_version: "secwatch.filing_event.v1"
accession: "0001818502-26-000023"
form_type: "8-K"
ticker: "OPFI"
cik: "0001818502"
company_name: "OppFi Inc."
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:50:36.064867+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OppFi terminates $75M TRS, borrows $46.5M to purchase receivables, amends credit facility

## Summary
- Terminated $75M total return swaps with Midtown affiliates; no termination penalties incurred.
- Borrowed ~$46.5M under amended $300M revolving credit facility to acquire Gray Rock Receivables.
- Third Amendment expands eligible bank partner states and modifies eligibility criteria to include Gray Rock Receivables.
- All Gray Rock Receivables now pledged as collateral under the facility; consolidated receivable balance unchanged.
- Amendment also updates Excess Concentration Limits and Tier 1 Collateral Performance Triggers.

## SEC filing metadata
- accession: 0001818502-26-000023
- form_type: 8-K
- ticker: OPFI
- cik: 0001818502
- company_name: OppFi Inc.
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1818502/000181850226000023/0001818502-26-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1818502/000181850226000023/opfi-20260410.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001818502-26-000023
- JSON: https://secwatch.observer/filing/0001818502-26-000023.json
- Plain text: https://secwatch.observer/filing/0001818502-26-000023.txt

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