---
schema_version: "secwatch.filing_event.v1"
accession: "0000043920-23-000023"
form_type: "8-K"
ticker: "GEF"
cik: "0000043920"
company_name: "GREIF, INC"
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T20:10:27.446645+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Greif enters $300M senior secured term loan facility with CoBank, maturing May 2028

## Summary
- New $300M term loan with CoBank used to repay a portion of existing 2022 credit agreement.
- Quarterly principal installments begin July 31, 2023; final maturity May 17, 2028.
- Interest is SOFR plus spread; financial covenants: leverage ≤ 4.00x, interest coverage ≥ 3.00x.
- Obligations guaranteed by certain domestic subsidiaries and secured pari passu with existing facility.

## SEC filing metadata
- accession: 0000043920-23-000023
- form_type: 8-K
- ticker: GEF
- cik: 0000043920
- company_name: GREIF, INC
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/43920/000004392023000023/0000043920-23-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/43920/000004392023000023/gef-20230519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000043920-23-000023
- JSON: https://secwatch.observer/filing/0000043920-23-000023.json
- Plain text: https://secwatch.observer/filing/0000043920-23-000023.txt

## Key facts
- Material Agreements
  GREIF, INC entered into New Credit Agreement with CoBank, ACB valued at $300.0 million (effective 2023-05-17).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: CoBank, ACB
  - Value: $300.0 million
  - Effective: 2023-05-17
  source text: Greif, Inc. (the “Company”) and Greif Packaging LLC (“GP”), as borrower, entered into a new $300.0 million senior secured credit agreement (the “New Credit Agreement”) with CoBank, ACB who acted as lender and is acting as administrative agent of the New Credit Agreement (“CoBank”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/43920/000004392023000023/0000043920-23-000023-index.htm

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