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8-K filed March 27, 2024, 7:59 PM ET ticker GEF CIK 0000043920
M&A confidence high sentiment positive materiality 0.85

GREIF, INC (GEF): debt financing — Greif completes $576M acquisition of Ipackchem, funds via $300M term loan

GREIF, INC

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

GREIF, INC incurred term loan of $300.0 million incremental term A-4 loan with a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent maturing March 1, 2027.

Instrument
term loan
Principal
$300.0 million incremental term A-4 loan
Counterparty
a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent
Maturity
March 1, 2027
Event
incurrence
Exact text from the filing
On March 25, 2024, the Company, as borrower, entered into an Incremental Term A-4 Loan Agreement under the 2022 Credit Agreement (the “Incremental Term A-4 Loan Agreement”) with a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GREIF, INC amended Incremental Term A-4 Loan Agreement with a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent valued at $300.0 million (effective 2024-03-25).

Action
amendment
Agreement
credit facility
Counterparty
a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent
Value
$300.0 million
Effective
2024-03-25
Exact text from the filing
On March 25, 2024, the Company, as borrower, entered into an Incremental Term A-4 Loan Agreement under the 2022 Credit Agreement (the “Incremental Term A-4 Loan Agreement”) with a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

GREIF, INC filing history →

Source: SEC EDGAR
accession 0000043920-24-000018
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