secwatch.observer — SEC 8-K summary
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Issuer:     TYSON FOODS, INC. (TSN)
CIK:        0000100493
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0000100493-25-000109
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tyson Foods replaces $750M term loan with new $750M revolver maturing 2028
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- Entered new $750M senior unsecured revolving credit facility with CoBank as administrative agent.
- Repaid $440M outstanding under prior 2023 term loan and terminated that facility.
- New facility matures on third anniversary of Dec 12, 2025; includes optional term-out conversion.
- Interest at SOFR plus spread of 1.500%-2.225% depending on credit rating; unused commitment fee 0.100%-0.200%.
- Covenants include minimum interest expense coverage ratio of 3.50:1 calculated quarterly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/0000100493-25-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100493/000010049325000109/tsn-20251212.htm
  HTML page:      https://secwatch.observer/filing/0000100493-25-000109

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