Certara signs sixth credit agreement amendment, lowering term loan rate margin
Certara, Inc. and its subsidiaries entered into a Sixth Amendment to its credit agreement on October 16, 2025, creating Replacement Term Loans that refinanced existing term loans. The company says the amendment reduces its borrowing cost and should produce interest expense savings. The filing does not state the size of the loans or the amount of savings.
Key points
- Replacement Term Loans were funded in full on October 16, 2025, and used to refinance existing term loans.
- Term SOFR option carries a 0.00% floor plus a 2.75% margin; ABR option carries a 1.00% floor plus a 1.75% margin.
- Bank of America, N.A. is administrative agent and collateral agent; guarantees, collateral, prepayment and covenant terms are substantially similar to prior terms.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 16, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.