secwatch.observer — SEC 8-K summary
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Issuer:     UFP INDUSTRIES INC (UFPI)
CIK:        0000912767
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0000912767-22-000041
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UFP Industries expands revolver to $750M, extends maturity to Dec 2027
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- Credit facility increased from $550M to $750M; maturity extended to December 6, 2027.
- Includes $60M for letters of credit and $100M for foreign currency advances (CAD, AUD).
- Approximately $5M drawn and $3M in letters of credit outstanding as of December 6, 2022.
- Interest rate based on selected index plus performance-based margin; facility fee 15–30 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912767/000091276722000041/0000912767-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912767/000091276722000041/ufpi-20221206x8k.htm
  HTML page:      https://secwatch.observer/filing/0000912767-22-000041

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