MAGNITE, INC. (MGNI) Form 8-K — Oct 7, 2026
On October 7, 2026, Magnite, Inc. entered into Amendment No. 3 to its February 2024 Credit Agreement, repricing both its term loan and revolving credit facilities. The term loan margin was cut by 50 basis points to Term SOFR + 2.50% from Term SOFR + 3.00%, and the revolver margin dropped to a range of Term SOFR + 2.50%-3.00% from 3.50%-4.00%.
Key figures
- Interest Rate
- Term SOFR + 2.50% (term loans), down from Term SOFR + 3.00%; revolver at Term SOFR + 2.50%-3.00%, down from 3.50%-4.00%
- Term loan margin reduction bps
- 50
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