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GoPro amends Wells Fargo revolving credit facility, lifts interest rate by 1%
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GoPro amends Wells Fargo revolving credit facility, lifts interest rate by 1%
  • GoPro entered Waiver and Amendment No. 4 to its Wells Fargo-led revolving credit agreement on July 9, 2026.
  • Amendment permits the July 2026 insider financing, lifts some covenant constraints, raises pricing by 1%.
  • New rates: base rate loans at base plus 3.5%; SOFR loans at SOFR plus 0.10% plus 4.5%.
  • Future revolver extensions, excluding loan continuations, shift to lender discretion.
  • Separate fee letter sets potential fees of USD 5 million tied to bankruptcy events, USD 1 million success fee, weekly repayments starting Oct. 9, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GoPro Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-047943), on July 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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