secwatch.observer — SEC 8-K summary
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Issuer:     PVH CORP. /DE/ (PVH)
CIK:        0000078239
Form:       8-K
Filed at:   2022-12-09T23:59:59+00:00
Accession:  0000078239-22-000139
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PVH Corp. refinances senior credit facilities; upsizes revolving to $1.2B, matures Dec 2027
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- New credit agreement includes €440.6M euro term loan A and $1.2B multicurrency revolving facilities.
- Facilities mature December 9, 2027, extending prior maturity by approximately 3.5 years.
- Proceeds used to repay outstanding loans and terminate prior credit agreement.
- Company expects no material change to interest expense from the refinancing.
- Revolving facilities include $50M Hong Kong dollar sublimit; initial margin 1.125% (SOFR-based).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/78239/000007823922000139/0000078239-22-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/78239/000007823922000139/pvh-20221209.htm
  HTML page:      https://secwatch.observer/filing/0000078239-22-000139

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