secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000947871-24-000816
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse reprices $262M term loan B, cutting margin by 50 bps
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- SOFR margin reduced from 400 bps to 350 bps; ABR margin reduced from 300 bps to 250 bps.
- Adjusted Term SOFR floor stays at 0.50%; maturity remains August 23, 2029.
- Aggregate principal outstanding after amendment is $262 million.
- Non-consenting lenders replaced via assignment as part of the amendment process.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000094787124000816/0000947871-24-000816-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000094787124000816/ss4025178_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-24-000816

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