---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-23-000938"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:39:49.093304+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Hasbro enters $1.25B revolving credit facility maturing 2028, replacing 2024 facility

## Summary
- New $1.25B senior unsecured revolver matures Sept 5, 2028; includes $500M accordion feature for additional commitments.
- Amended Agreement replaces the 2019 facility (due Sept 2024) and extends the term by four years.
- Pricing based on Debt Rating or leverage ratio; commitment fee 7.0–25.0 bps, margins 0.875%–1.625% for Term Benchmark loans.
- Covenants include min Interest Coverage Ratio of 3.00x; max leverage ratios transition after eOne film/TV sale closes.

## SEC filing metadata
- accession: 0000950157-23-000938
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46080/000095015723000938/0000950157-23-000938-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000095015723000938/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-23-000938
- JSON: https://secwatch.observer/filing/0000950157-23-000938.json
- Plain text: https://secwatch.observer/filing/0000950157-23-000938.txt

## Key facts
- Debt Financings
  HASBRO, INC. incurred revolving credit of $1.25 billion 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 at Adjusted Term Benchmark Rate, the Base Rate or the Daily Benchmark Rate, in each maturing September 5, 2028.
  - Instrument: revolving credit
  - Principal: $1.25 billion
  - Counterparty: 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
  - Rate: Adjusted Term Benchmark Rate, the Base Rate or the Daily Benchmark Rate, in each
  - Maturity: September 5, 2028
  - Event: incurrence
  source text: Agreement provides the Borrowers with a senior unsecured revolving credit facility (the “Revolving Facility”) with commitments in a maximum aggregate principal amount of $1.25 billion. The Amended Agreement also provides for a potential additional incremental commitment increase of up to $500.0 million. Additionally, the Amended Agreement extends the term of
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015723000938/0000950157-23-000938-index.htm
- Material Agreements
  HASBRO, INC. amended Third Amended and Restated Revolving 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 valued at maximum aggregate principal amount of $1.25 billion (effective 2023-09-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: 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
  - Value: maximum aggregate principal amount of $1.25 billion
  - Effective: 2023-09-05
  source text: On September 5, 2023 (the “Effective Date”), Hasbro, Inc. (the “Company”) and its subsidiary Hasbro SA (together with the Company, the “Borrowers”) entered into a Third Amended and Restated Revolving Credit Agreement (the “Amended 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015723000938/0000950157-23-000938-index.htm

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