The facts block is sourced from a single SEC filing: an 8-K filed with SEC EDGAR and published on October 29, 2024. The deal's current status is pending regulatory approval.
On the financial advisory side, Evercore acted as financial advisor to the company, Oportun, on the transaction, with no lead designation specified in the facts block. No other financial advisors were identified.
Legal counsel was disclosed for the issuer: both Orrick, Herrington & Sutcliffe LLP and Wilson Sonsini Goodrich & Rosati served as legal advisors to the company, Oportun, on the transaction. No legal advisors were disclosed for any lender or arranger side.
Beyond the characterization of the transaction as a senior secured term loan refinancing and the disclosed $235,000,000 value, the facts block does not specify the interest rate, maturity, or other terms of the refinanced term loan, nor does it name the lead arranger or lenders providing the new facility.
Several facts are not disclosed in the source material. The facts block does not name the arranger or lenders on the new senior secured term loan, nor does it specify the loan's interest rate, maturity date, or covenant terms. No expected closing date is given.