---
schema_version: "secwatch.filing_event.v1"
accession: "0000916789-22-000055"
form_type: "8-K"
ticker: "HELE"
cik: "0000916789"
company_name: "HELEN OF TROY LTD"
filed_at: "2022-06-30T23:59:59+00:00"
generated_at: "2026-06-24T22:14:39.780293+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Helen of Troy borrows $250M term loan; replaces LIBOR with SOFR

## Summary
- Borrowed $250M term loan under accordion; proceeds to repay revolving loans.
- Term loan matures March 13, 2025; quarterly installments of 0.625%.
- Replaced LIBOR with Term SOFR as benchmark rate under the credit agreement.
- Leverage ratio temporarily increased to 4.25x due to Curlsmith acquisition.
- Existing Eurodollar rate loans to convert to Term SOFR at end of interest period.

## SEC filing metadata
- accession: 0000916789-22-000055
- form_type: 8-K
- ticker: HELE
- cik: 0000916789
- company_name: HELEN OF TROY LTD
- filed_at: 2022-06-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/916789/000091678922000055/0000916789-22-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/916789/000091678922000055/hele-20220628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000916789-22-000055
- JSON: https://secwatch.observer/filing/0000916789-22-000055.json
- Plain text: https://secwatch.observer/filing/0000916789-22-000055.txt

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