{"schema_version":"secwatch.filing_event.v1","accession":"0000043920-24-000018","form_type":"8-K","ticker":"GEF","cik":"0000043920","company_name":"GREIF, INC","filed_at":"2024-03-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.618785+00:00","generated_at":"2026-06-04T07:27:42.541116+00:00","sec_items":["1.01","7.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Greif completes $576M acquisition of Ipackchem, funds via $300M term loan","bullets":["Acquired Ipackchem for cash consideration of $538M plus $38M ticking fee and adjustments, totaling ~$576M.","Funded via $300M incremental term A-4 loan (maturing 2027, amortizing 2.5% annually) and existing credit facility.","Expects immediate EBITDA margin accretion and $7M in targeted synergies from integration.","Ipackchem, with ~1,400 employees, will be reported within Greif's Global Industrial Packaging segment.","FY24 guidance for Ipackchem ownership period to be provided in Q2 2024 earnings release."],"urls":{"canonical":"https://secwatch.observer/filing/0000043920-24-000018","json":"https://secwatch.observer/filing/0000043920-24-000018.json","markdown":"https://secwatch.observer/filing/0000043920-24-000018.md","text":"https://secwatch.observer/filing/0000043920-24-000018.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/43920/000004392024000018/0000043920-24-000018-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/43920/000004392024000018/gef-20240327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T07:27:42.541116+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1509aea419df4b36752b74277d4702ddeae78906","claim":"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.","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/43920/000004392024000018/0000043920-24-000018-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$300.0 million incremental term A-4 loan"},{"label":"Counterparty","value":"a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent"},{"label":"Maturity","value":"March 1, 2027"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"61301aff0a64620b322851ce0919f1739f8501a6","claim":"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).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/43920/000004392024000018/0000043920-24-000018-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"a syndicate of financial institutions, as lenders, Wells Fargo Securities, LLC, as lead arranger, and JPMorgan Chase Bank, as administrative agent"},{"label":"Value","value":"$300.0 million"},{"label":"Effective","value":"2024-03-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}