Corsair Gaming enters $225.0 million amended credit agreement with Bank of America
On June 30, 2025, Corsair Gaming and certain U.S. subsidiaries entered into an Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent, providing $225.0 million in total commitments. The new agreement replaces the company's prior senior credit facilities dated September 3, 2021, and is secured by substantially all assets of the company and guarantor subsidiaries.
Key points
- Total commitments of $225.0 million: a $100.0 million five-year revolving facility and a $125.0 million five-year term loan, both maturing June 30, 2030
- Additional incremental facilities of up to $125.0 million are permitted, subject to conditions
- Term SOFR loans priced at 1.50% to 2.50% above SOFR; base rate loans at 0.50% to 1.50% above base rate, both based on total net leverage ratio
- Covenants limit additional debt, liens, asset sales, investments, dividends and share repurchases, and mergers; a maximum total net leverage ratio and minimum interest coverage ratio apply
The filing
Written by AI on Nov 8, 2026, 6:58 AM ET, from this filing 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 July 02, 2025.
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