Magnite, Inc. Form 8-K Filing
This Form 8-K filing details an amendment to Magnite, Inc.’s Credit Agreement, specifically Amendment No. 3, dated October 7, 2026. The amendment, entered into by Magnite, Inc. and various financial institutions including Morgan Stanley Senior Funding, Inc. and Citibank, N.A., primarily serves to reduce interest rates on existing term loans and revolving credit facilities. The applicable margin for term loans has been decreased by 50 basis points to Term SOFR + 2.50%, and the margin for revolving loans is now Term SOFR plus a range of 2.50% - 3.00%. This repricing is expected to lower the company’s borrowing costs. The filing also includes a press release announcing this amendment, which is incorporated by reference. The amendment was executed by Brian Gephart, Chief Financial Officer of Magnite, Inc.