secwatch / observer
8-K filed December 9, 2022, 6:59 PM ET ticker PVH CIK 0000078239
debt confidence high sentiment neutral materiality 0.50

PVH CORP. /DE/ (PVH): debt financing — PVH Corp. refinances senior credit facilities; upsizes revolving to $1.2B, matures Dec 2027

PVH CORP. /DE/

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

PVH CORP. /DE/ incurred revolving credit of US$50,000,000 with Barclays Bank PLC as administrative agent maturing December 9, 2027.

Instrument
revolving credit
Principal
US$50,000,000
Counterparty
Barclays Bank PLC as administrative agent
Maturity
December 9, 2027
Event
incurrence
Exact text from the filing
a US$50,000,000 revolving credit facility available in U.S. dollars or Hong Kong dollars (the “Hong Kong Revolving Facility”, and together with the Multicurrency Revolving Credit Facility, the “Revolving Credit Facilities”).
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PVH CORP. /DE/ incurred term loan of €440,625,000 with Barclays Bank PLC as administrative agent maturing December 9, 2027.

Instrument
term loan
Principal
€440,625,000
Counterparty
Barclays Bank PLC as administrative agent
Maturity
December 9, 2027
Event
incurrence
Exact text from the filing
On the Closing Date, (a) the Euro Borrower borrowed €440,625,000 tranche A euro term loans under the Euro TLA Facility.
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PVH CORP. /DE/ incurred revolving credit of US$1,150,000,000 with Barclays Bank PLC as administrative agent maturing December 9, 2027.

Instrument
revolving credit
Principal
US$1,150,000,000
Counterparty
Barclays Bank PLC as administrative agent
Maturity
December 9, 2027
Event
incurrence
Exact text from the filing
The Credit Agreement consists of (a) a €440,625,000 euro-denominated term loan A facility (the “Euro TLA Facility”) and (b) a US$1,150,000,000 multicurrency revolving credit facility (the “Multicurrency Revolving Credit Facility” and the loans incurred thereunder, “Multicurrency Revolving Loans”), which has (i) an AU$50,000,000 Australian dollar-denominated sublimit for Multicurrency Revolving Loans, (ii) a Can$70,000,000 Canadian dollar-denominated sublimit for Multicurrency Revolving Loans, and (iii) a €250,000,000 euro-equivalent sublimit for Multicurrency Revolving Loans denominated in euros, Japanese yen, pounds sterling, Swiss francs or other agreed foreign currencies and (c) a US$50,000,000 revolving credit facility available in U.S. dollars or Hong Kong dollars (the “Hong Kong Revolving Facility”, and together with the Multicurrency Revolving Credit Facility, the “Revolving Credit Facilities”).
View on SEC.gov

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PVH CORP. /DE/ filing history →

Source: SEC EDGAR
accession 0000078239-22-000139
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