Emerald Holding Enters Material Definitive Agreement

TL;DR

Emerald Holding just signed a big deal, creating a new financial obligation.

AI Summary

On January 30, 2025, Emerald Holding, Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, formerly known as Emerald Expositions Events, Inc., is incorporated in Delaware and has its principal executive offices in San Juan Capistrano, California.

Why It Matters

This filing indicates a significant new financial commitment or agreement for Emerald Holding, Inc., which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.

Key Numbers

• 001-38076 — SEC File Number (Identifies the company's filing with the SEC.)
• 42-1775077 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Emerald Holding, Inc. (company) — Registrant
• January 30, 2025 (date) — Date of earliest event reported
• Emerald Expositions Events, Inc. (company) — Former company name
• Expo Event Holdco, Inc. (company) — Former company name
• Delaware (jurisdiction) — State of incorporation
• San Juan Capistrano, CA (location) — Business address city and state

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share EEX New York Stock Exchan
• $515.0 million — e agent, providing for (i) a seven-year $515.0 million senior secured term loan facility (the
• $110.0 million — o mature on January 30, 2032 and (ii) a $110.0 million senior secured revolving credit facilit
• $10.0 million — Revolving Credit Facility (net of up to $10.0 million of outstanding letters of credit and co

Filing Documents

• eex-20250130.htm (8-K) — 54KB
• eex-ex10_1.htm (EX-10.1) — 2881KB
• 0000950170-25-011071.txt ( ) — 3426KB
• eex-20250130.xsd (EX-101.SCH) — 23KB
• eex-20250130_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On January 30, 2025, Emerald X, Inc. ("EEX"), a wholly-owned subsidiary of Emerald Holding, Inc. (the "Company"), entered into new senior secured credit facilities (the "Senior Secured Credit Facilities") with a syndicate of lenders and Bank of America, N.A., as administrative agent, providing for (i) a seven-year $515.0 million senior secured term loan facility (the "Term Loan Facility"), scheduled to mature on January 30, 2032 and (ii) a $110.0 million senior secured revolving credit facility (the "Revolving Credit Facility"), scheduled to mature on January 30, 2030. A portion of the proceeds of the Term Loan Facility were used to refinance all existing loans outstanding under EEX's previous senior secured credit facilities, and to pay costs and expenses in connection with the refinancing. The balance of the proceeds of the Term Loan Facilities remain on the balance sheet of EEX and may be used from time to time for general business purposes, including the financing of acquisitions. The Revolving Credit Facility was not drawn and may be used from time to time for general business purposes, including the financing of acquisitions. Rates and Fees Term Loans under the Senior Secured Credit Facilities bear interest at a rate equal to, at EEX's option, either: (a) a base rate equal to the greatest of: (i) the administrative agent's prime rate; (ii) the federal funds effective rate plus 50 basis points and (iii) one month Term SOFR plus 1.00%; in each case plus 2.75%, or (b) Term SOFR plus 3.75%. Revolving Loans under the Senior Secured Credit Facilities bear interest at a rate equal to, at EEX's option, either: (a) a base rate equal to the greatest of: (i) the administrative agent's prime rate; (ii) the federal funds effective rate plus 50 basis points and (iii) one month Term SOFR plus 1.00%; in each case plus 1.25%, or (b) Term SOFR plus 2.25%; in each case of any Revolving Loans, subject to one

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Second Amended and Restated Credit Agreement, among Emerald X, Inc., the guarantors party thereto, Bank of America, N.A. and the other lenders party thereto, dated January 30, 2025. 104 Cover Page Interactive Data File (embedded within the inline XBRL document) * Certain exhibits, schedules and annexes to this exhibit have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company undertakes to furnish supplemental copies of any of the omitted exhibits, schedules and annexes to the Securities and Exchange Commission upon its request.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMERALD HOLDING, INC. Date: January 30, 2025 By: /s/ David Doft David Doft Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR