$89m committed across 1 active facility, next covenant test Sep 30, 2026. PPIH
Total leverage: when the limit steps, and which way the company's ratio has been moving.
The Borrower will not permit the Leverage Ratio, on the last day of any fiscal quarter ending on or after October 31, 2026, to be greater than 3.00 to 1.00.Read the filing on sec.gov ↗
The Borrower will not permit the Fixed Charge Coverage Ratio, for any period of four consecutive fiscal quarters ending on the last day of any fiscal quarter ending on or after October 31, 2026, to be less than 1.25 to 1.00.Read the filing on sec.gov ↗
Signed Aug 25, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $75m | Aug 2031 | 250–300 bps |
| Term Loan A | $14m | Aug 2031 | 250–300 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility, Term Loan A).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Category 1 | < 1.00 to 1.00 | 250 bps | 20 bps |
| Level Category 2 | ≥ 1.00 to 1.00 but < 2.00 to 1.00 | 275 bps | 25 bps |
| Level Category 3 | ≥ 2.00 to 1.00 | 300 bps | 30 bps |
§1.01
Lenders: JPMorgan Chase Bank, N.A.
No amendments on file yet.
Email [email protected].