Business Context and Reporting Period
Company: A-Mark Precious Metals, Inc. (Note: Input metadata referenced "Gold.Com, Inc.", but the filing text identifies the registrant as A-Mark Precious Metals, Inc.)
Filing Type: Form 8-K (Current Report)
Date of Report: February 28, 2019
Event Date: February 28, 2019 (Agreement Entry); March 29, 2019 (Effective Date)
Key Financial Metrics
This filing reports on a material definitive agreement regarding debt financing rather than periodic financial performance. No revenue, profit, cash flow, or margin data is provided in this document.
| Metric | Value |
|---|---|
| Credit Facility Size | $260 million |
| Base Amount | $210 million |
| Accordion Feature | $50 million |
| Maturity Date | March 27, 2020 |
| Administrative Agent | Cooperative Rabobank U.A. |
Material Changes
The Company entered into an Amended and Restated Uncommitted Credit Agreement. This replaces or modifies prior credit arrangements to establish a new facility effective March 29, 2019. The filing does not provide comparative financial data against prior periods.
Outlook, Risks, and Management Commentary
Management Commentary: The Company secured a new credit facility to support its operations, with the agreement becoming effective on March 29, 2019.
Risks and Contingencies: The filing text does not explicitly detail specific risks or contingencies beyond the standard qualification that the description is subject to the full terms of the Credit Agreement filed as Exhibit 10.1.
Unusual Items: None reported in this filing.
Investor Verification Checklist
- Verify the full terms of the Amended and Restated Uncommitted Credit Agreement in Exhibit 10.1.
- Confirm the effective date of the facility (March 29, 2019) versus the reporting date.
- Review the specific covenants and interest rate terms associated with the $260 million facility.
- Check subsequent filings for the utilization of the $50 million accordion feature.