secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0000842162-23-000070
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear extends $2.0B revolving credit facility maturity to October 2027
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- Extended maturity of $2.0B unsecured revolving credit facility by one year to October 28, 2027.
- Replaced CDOR benchmark rate with Term CORRA for Canadian dollar loans under the facility.
- All existing lenders consented; commitment amount and other key terms unchanged.
- Consent fee of 0.04% of each accepting lender's commitment paid on effective date.
- Amendment effective November 21, 2023; no event of default and representations true.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216223000070/0000842162-23-000070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216223000070/lear-20231121.htm
  HTML page:      https://secwatch.observer/filing/0000842162-23-000070

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