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8-K filed July 11, 2023, 7:59 PM ET ticker CHEF CIK 0001517175
debt confidence high sentiment neutral materiality 0.55

Chefs' Warehouse upsizes credit facility from $200M to $300M via sixth amendment

Chefs' Warehouse, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 1.0

Chefs' Warehouse, Inc. entered into Sixth Amendment to Senior Secured Asset-Based Revolving Credit Agreement with BMO Harris Bank N.A. and the lenders party thereto valued at Increases commitments from $200,000,000 to $300,000,000; increases swingline sublimit from $25,000,0 (effective 2023-07-07).

Action
entry
Agreement
credit facility
Counterparty
BMO Harris Bank N.A. and the lenders party thereto
Value
Increases commitments from $200,000,000 to $300,000,000; increases swingline sublimit from $25,000,0
Effective
2023-07-07
Exact text from the filing
On July 7, 2023, The Chefs’ Warehouse, Inc. (the “ Company ”) entered into a sixth amendment (the “ Sixth Amendment ”) to its senior secured asset-based revolving credit agreement, originally dated as of June 29, 2018 (as amended, restated, supplemented or otherwise modified prior to the date of the Sixth Amendment, the “ Existing Credit Agreement ”), by and among the Company, Chefs’ Warehouse Parent, LLC, as borrower (“ CW Parent ”), Dairyland USA Corporation, as borrower (“ Dairyland ”, and together with CW Parent, the “ Borrowers ”), certain other subsidiaries of the Company, as guarantors, the lenders party thereto and BMO Harris Bank N.A., as administrative agent (the “ Administrative Agent ”), which, among other things, (i) increases the amount of commitments from $200,000,000 to $300,000,000, (ii) increases the sublimit for swingline loans from $25,000,000 to $37,500,000, (iii) increases the sublimit of the letter of credit facility from $30,000,000 to $35,000,000, (iv) increase
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Chefs' Warehouse, Inc. filing history →

Source: SEC EDGAR
accession 0000947871-23-000741
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