---
schema_version: "secwatch.filing_event.v1"
accession: "0000109177-23-000044"
form_type: "8-K"
ticker: "SPB"
cik: "0000109177"
company_name: "Spectrum Brands Holdings, Inc."
filed_at: "2023-10-20T23:59:59+00:00"
generated_at: "2026-06-09T18:02:16.887752+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Spectrum Brands enters $500M revolving credit facility maturing Oct 2028

## Summary
- Credit agreement provides $400M USD tranche and $100M multicurrency tranche.
- Maturity extended to October 19, 2028; proceeds for general corporate purposes.
- Financial covenant limits total net leverage ratio to 6.00:1.00 tested quarterly.
- Refinances prior credit facility; no mandatory prepayment except for over-exposure.
- Interest rate margins range from 0.00%–2.00% based on leverage ratio.

## SEC filing metadata
- accession: 0000109177-23-000044
- form_type: 8-K
- ticker: SPB
- cik: 0000109177
- company_name: Spectrum Brands Holdings, Inc.
- filed_at: 2023-10-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/109177/000010917723000044/0000109177-23-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/109177/000010917723000044/spb-20231019.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000109177-23-000044
- JSON: https://secwatch.observer/filing/0000109177-23-000044.json
- Plain text: https://secwatch.observer/filing/0000109177-23-000044.txt

## Key facts
- Material Agreements
  Spectrum Brands Holdings, Inc. entered into Second Amended and Restated Credit Agreement with Royal Bank of Canada, as the administrative agent, and the lenders party thereto from time to time valued at $500 million (effective 2023-10-19).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Royal Bank of Canada, as the administrative agent, and the lenders party thereto from time to time
  - Value: $500 million
  - Effective: 2023-10-19
  source text: On October 19, 2023, Spectrum Brands, Inc. (the “Company”) and SB/RH Holdings entered into the Second Amended and Restated Credit Agreement (the “Credit Agreement”), by and among the Company, SB/RH Holdings, Royal Bank of Canada, as the administrative agent, and the lenders party thereto from time to time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/109177/000010917723000044/0000109177-23-000044-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.