secwatch / observer
8-K filed April 14, 2023, 7:59 PM ET ticker HAS CIK 0000046080
debt confidence high sentiment neutral materiality 0.25

Hasbro amends credit agreements to replace LIBOR with SOFR

HASBRO, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

HASBRO, INC. amended First Amendment to the Term Loan Agreement with Bank of America, N.A. valued at First Amendment to the Term Loan Agreement replaces LIBOR with SOFR as interest rate benchmark (effective 2023-04-12).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
First Amendment to the Term Loan Agreement replaces LIBOR with SOFR as interest rate benchmark
Effective
2023-04-12
Exact text from the filing
On April 12, 2023, the Company also entered into a First Amendment to the Term Loan Agreement (the “First Amendment to the Term Loan Agreement”) with Bank of America, N.A., as administrative agent, and certain financial institutions, as lenders (the “Term Loan Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

HASBRO, INC. amended First Amendment to the Second Amended and Restated Revolving Credit Agreement with Bank of America, N.A. valued at First Amendment to the Credit Agreement replaces LIBOR with SOFR as interest rate benchmark (effective 2023-04-12).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
First Amendment to the Credit Agreement replaces LIBOR with SOFR as interest rate benchmark
Effective
2023-04-12
Exact text from the filing
On April 12, 2023, Hasbro, Inc. (the “Company”) and its subsidiary Hasbro SA entered into a First Amendment to the Second Amended and Restated Revolving Credit Agreement (the “First Amendment to the Credit Agreement”) with Bank of America, N.A., as administrative agent, swing line lender, a letter of credit issuer and a lender and certain other financial institutions, as lenders and letter of credit issuers (the “Credit Agreement”).
View on SEC.gov

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HASBRO, INC. filing history →

Source: SEC EDGAR
accession 0000950157-23-000364
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