Signed Jun 30, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $300m | Jun 2031 | 125–150 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Category 1 | > 50% of the Aggregate Commitment | 125 bps | n/a |
| Level Category 2 | ≤ 50% of the Aggregate Commitment | 150 bps | n/a |
Lenders: JPMorgan Chase Bank, N.A., Bank of America, N.A.
Springing: Applies during any FCCR Test Period beginning when Availability is less than the greater of 10% of the lesser of the Borrowing Base and Aggregate Commitment and $30,000,000, and ending after Availability exceeds that level for 20 consecutive Business Days.
During any FCCR Test Period, the Borrower will not permit the Fixed Charge Coverage Ratio as of the last day of any period of four fiscal quarters ending during such FCCR Test Period, to be less than 1.00 to 1.00.Read the filing on sec.gov ↗
No amendments on file yet.
Email [email protected].