Signed Jun 15, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Credit Facility A | $25m | Mar 2028 | 325 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Level 1 | FCCR > 1.25x | n/a | n/a |
| Level Level 2 | 1.10x ≤ FCCR ≤ 1.25x | n/a | n/a |
| Level Level 3 | all other times | 325 bps | n/a |
§2.3
Lenders: First Business Specialty Finance, LLC
Springing: Upon the occurrence of and during the continuation of a Liquidity Triggering Event.
Upon the occurrence of and during the continuation of a Liquidity Triggering Event, the Debtor shall maintain a Fixed Charge Coverage Ratio of not less than 1.10 to 1.0, tested as of the last day of each fiscal quarter for the most recently completed four consecutive fiscal quarters then ended.Read the filing on sec.gov ↗
No amendments on file yet.
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