secwatch.observer — SEC 8-K summary
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Issuer:     WestRock Co (—)
CIK:        0001732845
Form:       8-K
Filed at:   2024-07-09T23:59:59+00:00
Accession:  0000950142-24-001867
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WestRock completes Smurfit Kappa merger; shareholders get $5 cash + one share
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- Each WRK share converted into $5.00 cash and one Smurfit WestRock ordinary share.
- Smurfit WestRock established $4.5B multicurrency revolver and $1.0B commercial paper program.
- Existing WRK credit agreements terminated; accounts receivable facility extended to June 2027.
- New entities guaranteed WRKCo, MWV, SKA, SKT, and SKTF notes via supplemental indentures.
- Equity awards assumed/converted; performance goals deemed achieved at higher of target or average.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1732845/000095014224001867/0000950142-24-001867-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1732845/000095014224001867/eh240504483_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-001867

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