First Advantage Corporation Subsidiary Secures Loan Rate Reductions with Amendment to Existing Credit Agreement

Reuters
08/05
<a href="https://laohu8.com/S/FA">First Advantage</a> Corporation Subsidiary Secures Loan Rate Reductions with Amendment to Existing Credit Agreement

First Advantage Holdings, LLC, an indirect subsidiary of First Advantage Corporation, has entered into Amendment No. 5 to its existing first lien credit agreement, initially dated January 31, 2020. The amendment, effective July 30, 2025, involves several key changes to the financial terms. Notably, the interest rate on the term loan facility, due October 31, 2031, has been reduced by 0.50% to a range of 2.50% to 2.75%, contingent on the first lien ratio, plus SOFR. Additionally, the interest rate on the $250 million revolving credit facility, due October 31, 2029, has also been reduced by 0.50% to a range of 2.25% to 2.75%, again based on the first lien ratio, plus SOFR. These adjustments were made in collaboration with Fastball Parent, Inc., Bank of America, N.A., and other involved lenders.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Advantage Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-102016), on August 04, 2025, and is solely responsible for the information contained therein.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10