Signed Sep 18, 2026
- Committed
- $300m
- Matures
- Sep 2031
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Initial Term Facility | $275m | Sep 2031 | 700 bps |
| Initial Revolving Facility | $25m | Sep 2031 | 700 bps |
Priced over Term SOFR, floor 150 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level flat | all times | 700 bps | n/a |
Priced over Term SOFR, floor 150 bps (Term Loan B).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level No PIK Election | if the Company has not made a PIK Election | 700 bps | n/a |
§1.01
Lenders: CRESTLINE MANAGEMENT, L.P., ENCINA COMMERCIAL FINANCE HOLDCO, LLC