secwatch.observer — SEC 8-K summary
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Issuer:     Consensus Cloud Solutions, Inc. (CCSI)
CIK:        0001866633
Form:       8-K
Filed at:   2026-10-05T20:21:21+00:00
Accession:  0001866633-26-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4.1-flash:cloud@v2

Consensus Cloud Solutions inks $525M credit facility to retire $348.2M of 6.50% notes due 2028
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- Amended and restated Credit Agreement dated Sept 30, 2026 provides a $225.0M senior secured revolver and a $300.0M senior secured delayed-draw term loan facility.
- Maturity is Sept 30, 2031; DDTL borrowings allowed until Oct 15, 2028 with no reborrowing. Interest is base rate +0.75%-1.50% or SOFR +1.75%-2.50% based on net leverage.
- Proceeds will retire the 6.50% senior notes due 2028; ~$348.2M outstanding as of Sept 30, 2026, expected redeemed on or about Oct 15, 2027 at 100% of principal plus accrued interest.
- No amounts drawn other than to transfer existing obligations; facility is guaranteed by wholly-owned material domestic subsidiaries and secured by substantially all assets.
- Covenants include a maximum total net leverage ratio and minimum fixed charges coverage ratio tested quarterly; the facility restricts dividends, liens, mergers, acquisitions and asset sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1866633/000186663326000019/0001866633-26-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1866633/000186663326000019/ccs-20260930.htm
  HTML page:      https://secwatch.observer/filing/0001866633-26-000019

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