Signed Aug 3, 2026
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $75m | n/a | 375 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level Applicable Rate | all times | 375 bps | n/a |
Lenders: Barclays Bank PLC, Bank of America, N.A., Citibank, N.A., Deutsche Bank AG New York Branch, Mizuho Bank, Ltd., Morgan Stanley Senior Funding, Inc., Royal Bank of Canada
Springing: Tested as of quarter‑end only if Revolving Exposure (excluding up to $20,000,000 of Letters of Credit) exceeds 35% of total Revolving Commitments.
As of the last day of each fiscal quarter of Holdings (commencing with the fiscal quarter ending on September 30, 2026), solely to the extent that the aggregate amount of Revolving Exposure outstanding as of the close of business on the last day of such fiscal quarter (excluding Letters of Credit in an aggregate amount of up to $20,000,000) exceeds 35% of the aggregate amount of all Revolving Commitments in effect as of such date, the Borrower shall not permit the First Lien Net Leverage Ratio as of the end of such fiscal quarter ending (i) on or after September 30, 2026 through (but excluding) September 30, 2027 to exceed 4.00 to 1.00 and (ii) on or after September 30, 2027 to exceed 3.50 to 1.00.Read the filing on sec.gov ↗
No amendments on file yet.
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