secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2025-06-16T23:59:59+00:00
Accession:  0000947871-25-000614
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse reprices $253.5M term loan B; margin reduced 50 bps
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- Interest rate on term loan B reduced from SOFR+350 bps to SOFR+300 bps; ABR margin cut to 200 bps from 250 bps.
- Outstanding principal after amendment: $253.5 million; maturity unchanged at August 23, 2029.
- SOFR floor remains 0.50%; no change to scheduled maturity.
- Amendment effective June 16, 2025; non-consenting lenders replaced by consenting lenders.
- Company expects lower annual interest expense due to repricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000094787125000614/0000947871-25-000614-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000094787125000614/ss4960725_8k.htm
  HTML page:      https://secwatch.observer/filing/0000947871-25-000614

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