Lucky Strike Entertainment Secures $50 Million Increase in Revolving Credit through Fourteenth Amendment with JPMorgan Chase

Reuters
17 Jul
Lucky Strike Entertainment Secures $50 Million Increase in Revolving Credit through Fourteenth Amendment with JPMorgan Chase

Lucky Strike Entertainment Corporation has entered into a significant financial agreement, amending its existing First Lien Credit Agreement. On July 16, 2025, the company signed the Fourteenth Amendment to the agreement, originally dated July 3, 2017. This amendment, involving Kingpin Intermediate Holdings LLC, JPMorgan Chase Bank, N.A., and various lenders, increases the total revolving commitments by $50 million, bringing the aggregate amount to $385 million. The new Incremental Revolving Commitments retain the same terms, including interest rate and maturity date, as the existing commitments. This strategic financial move strengthens Lucky Strike Entertainment's financial standing and flexibility.

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. Lucky Strike Entertainment Corporation 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: 0000950103-25-008893), on July 16, 2025, and is solely responsible for the information contained therein.

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