Upbound Extends Term Loan to 2032 and Adds $77 Million in Borrowings
Upbound Group amended its term loan credit agreement on August 19, 2025, extending the maturity of outstanding loans to August 19, 2032, subject to certain springing maturity provisions. The amendment also provided about $77 million in incremental commitments, all drawn on the closing date, bringing total borrowings under the agreement to $875 million, which the company intends to use for fees, expenses, and general corporate purposes.
Key points
- Maturity of outstanding term loans extended to August 19, 2032, subject to springing maturity provisions
- Approximately $77 million of incremental commitments, fully drawn on August 19, 2025
- Total aggregate borrowings under the Credit Agreement reached $875 million on the closing date
- JPMorgan Chase Bank, N.A. serves as administrative agent
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:57 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 August 19, 2025.
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