---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-23-000364"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:13:46.873231+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Hasbro amends credit agreements to replace LIBOR with SOFR

## Summary
- Entered into First Amendment to Revolving Credit Agreement and First Amendment to Term Loan Agreement on April 12, 2023.
- Both amendments replace LIBOR with SOFR as the interest rate benchmark.
- Amendments involve Hasbro, Hasbro SA, Bank of America as administrative agent, and other lenders.
- No changes to commitment amounts, maturity, or financial covenants.

## SEC filing metadata
- accession: 0000950157-23-000364
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46080/000095015723000364/0000950157-23-000364-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000095015723000364/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-23-000364
- JSON: https://secwatch.observer/filing/0000950157-23-000364.json
- Plain text: https://secwatch.observer/filing/0000950157-23-000364.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015723000364/0000950157-23-000364-index.htm
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015723000364/0000950157-23-000364-index.htm

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