secwatch.observer — SEC 8-K summary
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Issuer:     MATTHEWS INTERNATIONAL CORP (MATW)
CIK:        0000063296
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0000063296-24-000010
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matthews extends $750M credit facility maturity to Jan 2029, ups LC limit to $75M
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- Fifth Amendment extends maturity to January 2029; aggregate commitment remains $750M.
- Letter of credit sublimit raised from $55M to $75M under the amended facility.
- TD Bank added as joint lead arranger; BMO, Fifth Third, and Northwest exit; Citibank, M&T join.
- Borrowings bear interest at SOFR plus 0.10% plus 1.0%-2.0% margin based on leverage ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63296/000006329624000010/0000063296-24-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63296/000006329624000010/matw-20240131.htm
  HTML page:      https://secwatch.observer/filing/0000063296-24-000010

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