secwatch.observer — SEC 8-K summary
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Issuer:     loanDepot, Inc. (LDI)
CIK:        0001831631
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001831631-24-000191
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

loanDepot amends credit facility with Goldman Sachs; extends maturity to Jan 2026
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- First Amendment to Credit Agreement with Goldman Sachs Bank USA executed July 26, 2024.
- Aggregate facility amount set at $450M; committed amount $250M.
- Maturity date extended to January 28, 2026, contingent on Fannie Mae acknowledgment amendment.
- Borrower is loanDepot FA Agency MSR, LLC; guaranteed by loanDepot.com, LLC.
- Amendment also revises definitions for Availability Period End Date, Fee Letters, and Minimum Utilization Fee Payment Date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000191/0001831631-24-000191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831631/000183163124000191/ldi-20240726.htm
  HTML page:      https://secwatch.observer/filing/0001831631-24-000191

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer