Signed May 4, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Senior Secured Bridge Facility | $950m | n/a | n/a |
| Backstop Facility | $200m | n/a | n/a |
Priced over Term SOFR, floor 0 bps (Term Loan A).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level flat | all times | n/a | n/a |
Lenders: Wells Fargo Securities, LLC, Morgan Stanley Senior Funding, Inc., Wells Fargo Bank, National Association
The Borrower shall maintain a Total Net Leverage Ratio (defined as the ratio of (x) total funded indebtedness minus unrestricted and unencumbered (other than liens in favor of the Administrative Agent) cash and cash equivalents then on hand … not to exceed $200 million to (y) Consolidated EBITDA …) of not greater than 3.50 to 1.00.Read the filing on sec.gov ↗
The Borrower shall maintain a ratio of (x) Consolidated EBITDA to (y) consolidated interest expense, in each case for the most recently completed period of four consecutive fiscal quarters … of not less than 3.50 to 1.00.Read the filing on sec.gov ↗
No amendments on file yet.
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