Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
InnovAge Holding Corp. amended revolving credit of $100.0 million Revolver with JPMorgan Chase Bank, N.A. at Secured Overnight Financing Rate or the Alternate Base Rate, plus a margin maturing August 8, 2028.
- Instrument
- revolving credit
- Principal
- $100.0 million Revolver
- Counterparty
- JPMorgan Chase Bank, N.A.
- Rate
- Secured Overnight Financing Rate or the Alternate Base Rate, plus a margin
- Maturity
- August 8, 2028
- Event
- amendment
Exact text from the filing
The Second Amendment amended the Existing Credit Agreement to, among other things: (i) refinance the existing term loan with the proceeds of a $50.7 million term loan A facility (the "Term Facility") and proceeds from a draw under the new revolving credit facility (the "Revolver"); (ii) refinance the commitments under the existing revolving credit facility with new commitments for a $100.0 million Revolver; and (iii) extend the maturity date of both the Term Facility and the Revolver to August 8, 2028 from March 8, 2026.
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
InnovAge Holding Corp. amended credit facility of $50.7 million term loan A facility with JPMorgan Chase Bank, N.A. at Secured Overnight Financing Rate or the Alternate Base Rate, plus a margin maturing August 8, 2028.
- Instrument
- credit facility
- Principal
- $50.7 million term loan A facility
- Counterparty
- JPMorgan Chase Bank, N.A.
- Rate
- Secured Overnight Financing Rate or the Alternate Base Rate, plus a margin
- Maturity
- August 8, 2028
- Event
- amendment
Exact text from the filing
The Second Amendment amended the Existing Credit Agreement to, among other things: (i) refinance the existing term loan with the proceeds of a $50.7 million term loan A facility (the "Term Facility") and proceeds from a draw under the new revolving credit facility (the "Revolver"); (ii) refinance the commitments under the existing revolving credit facility with new commitments for a $100.0 million Revolver; and (iii) extend the maturity date of both the Term Facility and the Revolver to August 8, 2028 from March 8, 2026.
View on SEC.gov