Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Couchbase, Inc. incurred revolving credit of up to $25.0 million with MUFG Bank, Ltd. at Term SOFR ... plus 3.0% maturing third anniversary of the closing date.
- Instrument
- revolving credit
- Principal
- up to $25.0 million
- Counterparty
- MUFG Bank, Ltd.
- Rate
- Term SOFR ... plus 3.0%
- Maturity
- third anniversary of the closing date
- Event
- incurrence
Exact text from the filing
and MUFG Bank, Ltd., as lender (the “Lender”). The Loan Agreement provides for a three-year senior secured revolving loan facility in an aggregate principal amount of up to $25.0 million, including a letter of credit sublimit of up to $5.0 million. The revolving loan facility contains an uncommitted accordion feature pursuant to which the revolving loan facility
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Couchbase, Inc. entered into Loan and Security Agreement with MUFG Bank, Ltd. valued at $25.0 million (effective 2024-02-07).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- MUFG Bank, Ltd.
- Value
- $25.0 million
- Effective
- 2024-02-07
Exact text from the filing
On February 7, 2024, Couchbase, Inc. (the “Company”) entered into a Loan and Security Agreement (the “Loan Agreement”), by and between the Company, as borrower, and MUFG Bank, Ltd., as lender (the “Lender”). The Loan Agreement provides for a three-year senior secured revolving loan facility in an aggregate principal amount of up to $25.0 million
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