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  • Accordion feature = USD 50.0m  +
  • Credit spread adjustment = 10 basis points  +
  • Drawn on Revolving Credit Facility = USD 50.0m  +
  • Interest rate = SOFR plus a margin of between 150 and 190 basis points  +
  • Letter of credit sub-facility = USD 30.0m  +
  • Previous revolving line of credit fee = 0.25% on unused portion  +
  • Previous term loan interest rate (Dec 31, 2022) = one-month LIBOR (4.39%) plus 1.65%  +
  • Revolving Credit Facility = USD 150.0m  +
  • Six-month SOFR (Dec 31, 2023) = 5.47%  +