secwatch / observer
8-K filed April 6, 2023, 7:59 PM ET ticker DSP CIK 0001828791
debt confidence high sentiment neutral materiality 0.45

Viant Technology Inc. (DSP): debt financing — Viant Technology amends credit facility to $75M, extends maturity to 2028, transitions to Term SOFR

Viant Technology Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

Viant Technology Inc. amended revolving credit of revolving commitments under the Loan Agreement to $75,000,000 with PNC Bank, National Association at Term SOFR plus 2.00%, subject to an increase to 2.25% based on the average undra maturing five years following the Amendment Effective Date.

Instrument
revolving credit
Principal
revolving commitments under the Loan Agreement to $75,000,000
Counterparty
PNC Bank, National Association
Rate
Term SOFR plus 2.00%, subject to an increase to 2.25% based on the average undra
Maturity
five years following the Amendment Effective Date
Event
amendment
Exact text from the filing
and Guaranty, dated October 31, 2019 (as amended, the “Loan Agreement”). The Amendment provides for an increase in the revolving commitments under the Loan Agreement to $75,000,000, and pushes the maturity date out to five years following the Amendment Effective Date. The Amendment also transitioned the loans under the Loan Agreement to be made at Term SOFR
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Viant Technology Inc. amended Sixth Amendment to the Revolving Credit and Security Agreement and Guaranty with the lenders referred to therein and PNC Bank, National Association, as agent for the Lenders valued at $75,000,000 (effective 2023-04-04).

Action
amendment
Agreement
credit facility
Counterparty
the lenders referred to therein and PNC Bank, National Association, as agent for the Lenders
Value
$75,000,000
Effective
2023-04-04
Exact text from the filing
On April 4, 2023 (the “Amendment Effective Date”), Viant Technology Inc. (the “Company”) and certain of its subsidiaries party thereto, as co-borrowers (together with the Company, the “Borrowers”), entered into the Sixth Amendment to the Revolving Credit and Security Agreement and Guaranty (the “Amendment”) with the lenders referred to therein (the “Lenders”) and PNC Bank, National Association, as agent for the Lenders, which amended that certain Revolving Credit and Security Agreement and Guaranty, dated October 31, 2019 (as amended, the “Loan Agreement”).
View on SEC.gov

88 debt financings filed in the last 30 days. Browse all debt financings →

Viant Technology Inc. filing history →

Source: SEC EDGAR
accession 0001828791-23-000030
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