secwatch.observer — SEC 8-K summary
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Issuer:     TYSON FOODS, INC. (TSN)
CIK:        0000100493
Form:       8-K
Filed at:   2025-04-18T23:59:59+00:00
Accession:  0000100493-25-000049
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

Tyson Foods closes new $2.5B revolver, replaces $2.25B facility, matures 2030
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- New revolving credit agreement increases commitments to $2.5B from $2.25B, with optional $500M incremental accordion.
- Facility matures April 15, 2030, subject to two one-year extension options.
- Pricing tied to S&P/Moody's ratings; facility fee ranges from 0.090% to 0.200%.
- Existing $2.25B credit agreement terminated upon closing.
- Covenants include minimum interest expense coverage ratio of 3.50x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100493/000010049325000049/0000100493-25-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100493/000010049325000049/tsn-20250415.htm
  HTML page:      https://secwatch.observer/filing/0000100493-25-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer