---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-24-000240"
form_type: "8-K"
ticker: "SVV"
cik: "0001883313"
company_name: "Savers Value Village, Inc."
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:08:47.440539+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Savers Value Village amends credit agreement, reducing term loan interest rates

## Summary
- Third Amendment removes credit spread adjustment on Term SOFR borrowings.
- Applicable Rate reduced to 4.00% for Term SOFR and 3.00% for Base Rate borrowings.
- Leverage-based pricing grid revised; potential additional 0.25% rate reduction tied to public corporate ratings.
- Amendment effective January 30, 2024; involves subsidiaries Evergreen Acqco GP, S-Evergreen Holding, and Borrowers.

## SEC filing metadata
- accession: 0000950142-24-000240
- form_type: 8-K
- ticker: SVV
- cik: 0001883313
- company_name: Savers Value Village, Inc.
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883313/000095014224000240/0000950142-24-000240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883313/000095014224000240/eh240443706_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-24-000240
- JSON: https://secwatch.observer/filing/0000950142-24-000240.json
- Plain text: https://secwatch.observer/filing/0000950142-24-000240.txt

## Key facts
- Debt Financings
  Savers Value Village, Inc. amended credit facility with KKR Loan Administration Services LLC at 4.00% for Term SOFR borrowings and 3.00% for Base Rate borrowings.
  - Instrument: credit facility
  - Counterparty: KKR Loan Administration Services LLC
  - Rate: 4.00% for Term SOFR borrowings and 3.00% for Base Rate borrowings
  - Event: amendment
  source text: reduces the Applicable Rate (as defined in the Credit Agreement) on the Borrowers’ existing term loans to 4.00% for Term SOFR borrowings and 3.00% for Base Rate (as defined in the Credit Agreement) borrowings
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000095014224000240/0000950142-24-000240-index.htm
- Material Agreements
  Savers Value Village, Inc. amended Third Amendment with KKR Loan Administration Services LLC (effective 2024-01-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: KKR Loan Administration Services LLC
  - Effective: 2024-01-30
  source text: On January 30, 2024, Evergreen Acqco GP LLC, S-Evergreen Holding Corp., Evergreen AcqCo 1 LP (the “US Borrower”), Value Village Canada Inc. (the “Canadian Borrower” and, together with the US Borrower, the “Borrowers”), each a subsidiary of Savers Value Village, Inc., and certain of their subsidiaries entered into an amendment (the “Third Amendment”) to the Borrowers’ Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000095014224000240/0000950142-24-000240-index.htm

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