secwatch.observer — SEC 8-K summary
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Issuer:     UNIFIRST CORP (UNF)
CIK:        0000717954
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0000717954-25-000006
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UniFirst enters $300M unsecured revolving credit facility maturing 2030; upsize option to $400M
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- Third Amended and Restated Credit Agreement provides $300M revolver, with $150M sublimit for letters of credit.
- Facility matures August 12, 2030; may be increased up to $400M via accordion feature.
- Initial interest rate for SOFR borrowings is SOFR + 1.00%; pricing grid tied to leverage ratio.
- Credit agreement replaces 2021 facility and includes customary financial covenants and default provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717954/000071795425000006/0000717954-25-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717954/000071795425000006/unf-20250812.htm
  HTML page:      https://secwatch.observer/filing/0000717954-25-000006

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