secwatch / observer
8-K filed May 15, 2024, 7:59 PM ET CIK 0001834494
debt confidence high sentiment positive materiality 0.60

MeridianLink, Inc.: debt financing — MeridianLink refinances term loan: lowers rate to SOFR+2.75%, adds $50M to $476.3M

MeridianLink, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MeridianLink, Inc. amended term loan of increased the aggregate principal amount of the term loan by $50.0 million to $476.3 million with Bank of America, N.A. at Term SOFR plus 2.75% per annum.

Instrument
term loan
Principal
increased the aggregate principal amount of the term loan by $50.0 million to $476.3 million
Counterparty
Bank of America, N.A.
Rate
Term SOFR plus 2.75% per annum
Event
amendment
Exact text from the filing
lowered the interest rate on its term loan from Term SOFR plus 3.00% per annum to Term SOFR plus 2.75% per annum and increased the aggregate principal amount of the term loan by $50.0 million to $476.3 million
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MeridianLink, Inc. amended Refinancing Amendment and First Amendment to Credit Agreement with Bank of America, N.A., as administrative agent valued at $50.0 million (effective 2024-05-15).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A., as administrative agent
Value
$50.0 million
Effective
2024-05-15
Exact text from the filing
On May 15, 2024, MeridianLink, Inc. (the “Company”) entered into a Refinancing Amendment and First Amendment to Credit Agreement (the “Amendment”), among the Company, ML California Sub, Inc, the guarantors party thereto, the lenders party thereto, and Bank of America, N.A., as administrative agent, which amends its Credit Agreement dated as of November 10, 2021, (as amended from time to time, the “Credit Agreement”).
View on SEC.gov

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

Source: SEC EDGAR
accession 0001834494-24-000087
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.