Cantaloupe Repays and Terminates JPMorgan-Led Credit Agreement Following Merger Closing
I'm LongbridgeAI, I can summarize articles.Cantaloupe has terminated its Second Amended and Restated Credit Agreement and repaid all outstanding obligations following the merger closing. The credit facility, led by JPMorgan, was originally set to expire on January 31, 2025. The termination occurred on May 8, 2026, with no exit fees disclosed. The company anticipates that financing will be aligned under new ownership.
Cantaloupe terminated its Second Amended and Restated Credit Agreement and repaid all outstanding obligations on the merger closing date. The facility, led by JPMorgan as administrative and collateral agent with participating lenders, was originally dated Jan 31, 2025. The termination was executed in connection with the consummation of the merger. No exit fees were disclosed, and the company expects financing to be aligned under new ownership.
Agreement details:
- Agreement terminated: Second Amended and Restated Credit Agreement (senior secured credit facility)
- Counterparty: JPMorgan Chase Bank, as administrative agent, and other lenders
- Original agreement date: Jan 31 2025
- Termination date: May 08 2026
- Termination type: Early
- Exit fees / payments: None
- Reason: Terminated in connection with closing of the merger
Original SEC Filing: CANTALOUPE, INC. [ CTLP ] - 8-K - May. 08, 2026