secwatch.observer — SEC 8-K summary
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Issuer:     Capri Holdings Ltd (CPRI)
CIK:        0001530721
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0000950142-22-003304
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Capri Holdings subsidiary Versace enters €450M senior unsecured term loan facility
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- Gianni Versace S.r.l. borrowed €450M from Intesa Sanpaolo, BNL, UniCredit; parent Capri guarantees.
- Loan matures December 5, 2025, no scheduled amortization; interest = EURIBOR (floor 0) + 1.35%.
- Financial covenant: net leverage ratio ≤ 4.0x, measured quarterly.
- Proceeds for general corporate purposes; customary events of default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530721/000095014222003304/0000950142-22-003304-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530721/000095014222003304/eh220308779_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-003304

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