Short answer
Vistance Networks, Inc. (VISN) filed an 8-K current report with the SEC on April 8, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 2.03 (Creation of a Direct Financial Obligation). $300 million senior secured asset-based revolving facility, including $100 million for letters of credit.
Vistance Networks, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.03 · Creation of a Direct Financial Obligation
- $300 million senior secured asset-based revolving facility, including $100 million for letters of credit
- Maturity April 7, 2031, with borrowing-base availability tied to eligible U.S. and Mexico receivables and inventory
- Floating interest: Term SOFR plus 1.25%-1.50% or alternate base rate plus 0.25%-0.50%
- Expansion capacity up to $150 million, subject to additional lender commitments
- Collateral and guarantees cover substantially all company and subsidiary assets, with a springing 1.00:1.00 fixed-charge coverage covenant
Other items in this filing:
- Item 1.01: Entry into a Material Definitive Agreement
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Vistance Networks, Inc. 8-K filings
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