Annual report pursuant to Section 13 and 15(d)

Former Revolving Credit Facility and Term Loan

v3.22.4
Former Revolving Credit Facility and Term Loan
12 Months Ended
Sep. 30, 2022
Former Revolving Credit Facility and Term Loan  
Former Revolving Credit, Term Loan and Security Agreement

8. Former Revolving Credit Facility and Term Loan

 

The Company and its subsidiaries, as borrowers, were parties to a Revolving Credit, Term Loan and Security Agreement (the “Former Credit Agreement”) with certain investment funds managed by MGG. The principal and remaining unpaid accrued interest and fee balances under the Revolving Credit Facility and Term Loan balances outstanding under the Former Credit Agreement, as amended, were fully repaid and the Former Credit Agreement was retired on April 20, 2021. Additional information regarding the repayment of the Former Credit Agreement is presented in Note 1.