Katapult unit extends revolving credit draw period to Sept. 30 under Huntington-led facility
KPLT•Revolving credit draw period extended
Katapult unit CCF OpCo amended its revolving credit agreement with Huntington National Bank, extending the draw period termination date to Sept. 30, 2026.
- The prior draw period termination date was Aug. 30, 2026.
- The draw period still ends earlier if an unwaived cease-funding event occurs under the credit agreement.
- Once the draw period ends, a 12-month amortization period begins; maturity follows at the end of that period absent an event of default.
