---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-22-000018"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2022-03-04T23:59:59+00:00"
generated_at: "2026-06-27T01:44:29.818078+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Greif enters $2.415B new credit facilities, elects two new directors

## Summary
- New $800M revolver, $1.1B term A-1, $515M term A-2, maturing Mar 1, 2027.
- Borrowings used to redeem $500M Senior Notes due 2027 and repay Prior Credit Agreement.
- Leverage ratio covenant ≤4.00x (with step-ups); interest coverage ≥3.00x.
- Elected Karen Morrison (OhioHealth Foundation President) and Kim Scott (CEO of Aramark Uniform Services) to Board.
- Board size fixed at 11; all ten incumbent directors reelected at annual meeting.

## SEC filing metadata
- accession: 0000043920-22-000018
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2022-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 2.04, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392022000018/0000043920-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392022000018/gef-20220304.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-22-000018
- JSON: https://secwatch.observer/filing/0000043920-22-000018.json
- Plain text: https://secwatch.observer/filing/0000043920-22-000018.txt

## Key facts
- Executive change
  Karen Morrison was elected as Director at GREIF, INC.
  - Action: elected
  - Role: Director
  source text: elected Karen Morrison as a director to fill the newly created vacancy on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392022000018/0000043920-22-000018-index.htm
- Executive change
  Kim Scott was elected as Director at GREIF, INC.
  - Action: elected
  - Role: Director
  source text: The press release announcing Ms. Morrison’s election as director, along with the election of Kim Scott, is attached as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392022000018/0000043920-22-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.