Closing Date Term Loans
TermLoan · Accel Entertainment LLC
Reference: Closing Date Term Loans
- Original principal
- USD 600,000,000
- Outstanding
- —
- Commitment
- —
- Availability
- —
- Maturity
- —
Covenant terms for this agreement are not yet verified.
Documents and filing history
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Issuance
· 2025-09-12
Original principal USD 600,000,000 Exact source document
Parent 8-K filing · 2025-09-12
The Borrower has requested that (a) the Lenders extend credit to the Borrower in the form of $600.0 million of Closing Date Term Loans on the Closing Date as senior secured credit facilities and (b) from time to time on and after the Closing Date, the Lenders lend to the Borrower pursuant to the senior secured Revolving Commitments hereunder and the Issuing Banks issue Letters of Credit for the account of the Borrower and its Subsidiaries, pursuant to the Revolving Commitments hereunder in the maximum principal amount of $300.0 million on the Closing Date and pursuant to the terms of, and subject to the conditions set forth in, this Agreement.
Issuer evidence: This CREDIT AGREEMENT (this “Agreement”) is entered into as of September 10, 2025 by and among Accel Entertainment LLC, a Delaware limited liability company (the “Borrower”), Accel Entertainment, Inc., a Delaware corporation (“Holdings”), CIBC Bank, USA, as administrative agent (in such capacity, including any successor thereto, the “Administrative Agent”) under the Loan Documents, as collateral agent (in such capacity, including any successor thereto, the “Collateral Agent”) under the Loan Documents and as an Issuing Bank, and as a Swing Line Lender, and each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”).
Supporting evidence: The Borrower has requested that (a) the Lenders extend credit to the Borrower in the form of $600.0 million of Closing Date Term Loans on the Closing Date as senior secured credit facilities and (b) from time to time on and after the Closing Date, the Lenders lend to the Borrower pursuant to the senior secured Revolving Commitments hereunder and the Issuing Banks issue Letters of Credit for the account of the Borrower and its Subsidiaries, pursuant to the Revolving Commitments hereunder in the maximum principal amount of $300.0 million on the Closing Date and pursuant to the terms of, and subject to the conditions set forth in, this Agreement.