Demo data. Meridian Capital is fictional and these deals are illustrative. Figures for public companies come from real SEC filings.

term-sheet · v1 · Nov 27, 2025 · META3

Term Sheet - META3 Revolving credit facility

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INDICATIVE TERM SHEET - REVOLVING CREDIT FACILITY Date: 2025-11-27 Borrower: Meta Platforms, Inc. ("META" or the "Borrower") Lender: Meridian Capital Partners Fund II, L.P. (the "Lender") Facility: $39,000,000 revolving credit facility. Interest Rate: Term SOFR plus 6.00% per annum, payable monthly in arrears. Maturity: 36 months from the Closing Date. Optional Prepayment: The Borrower may prepay the Facility in whole or in part, subject to a prepayment premium of 1.5% of the principal amount prepaid during the first twelve months following the Closing Date, and at par thereafter. Financial Reporting: The Borrower shall deliver unaudited quarterly financial statements within 60 days of each fiscal quarter end, and audited annual financial statements within 120 days of each fiscal year end. Assignment: The Lender may assign its rights and obligations under the Facility to any person without the consent of the Borrower. Board Observer: For so long as the Facility remains outstanding, the Lender shall be entitled to designate one non-voting observer to attend all meetings of the Borrower's board of directors. Events of Default: Customary for facilities of this type, including nonpayment, breach of covenants, material misrepresentation, cross-default to other material indebtedness, and insolvency events. Governing Law: This term sheet and the definitive documentation shall be governed by the laws of the State of Texas. Non-Binding: This term sheet is an indication of interest only and does not constitute a commitment to lend. -- Synthetic document generated for demonstration purposes. --