Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
US Foods Holding Corp. amended credit facility with syndicate of lenders at (x) 2.00% for borrowings that bear interest based upon Term SOFR (as defined in maturing November 22, 2028.
- Instrument
- credit facility
- Counterparty
- syndicate of lenders
- Rate
- (x) 2.00% for borrowings that bear interest based upon Term SOFR (as defined in
- Maturity
- November 22, 2028
- Event
- amendment
Exact text from the filing
On February 27, 2024 US Foods, Inc. (“US Foods”) entered into an amendment (the “Twelfth Amendment”) to its term loan credit agreement (as so amended, the “Credit Agreement”) with a syndicate of lenders to lower the interest rate margins on the class of term loans thereunder scheduled to mature on November 22, 2028 to (x) 2.00% for borrowings that bear interest based upon Term SOFR (as defined in the Credit Agreement) (and to remove the credit spread adjustment with respect thereto) and (y) 1.00% for borrowings that bear interest based upon ABR (as defined in the Credit Agreement).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
US Foods Holding Corp. amended Twelfth Amendment with syndicate of lenders (effective 2024-02-27).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- syndicate of lenders
- Effective
- 2024-02-27
Exact text from the filing
On February 27, 2024 US Foods, Inc. ("US Foods") entered into an amendment (the "Twelfth Amendment") to its term loan credit agreement (as so amended, the "Credit Agreement") with a syndicate of lenders to lower the interest rate margins on the class of term loans thereunder scheduled to mature on November 22, 2028 to (x) 2.00% for borrowings that bear interest based upon Term SOFR (as defined in the Credit Agreement) (and to remove the credit spread adjustment with respect thereto) and (y) 1.00% for borrowings that bear interest based upon ABR (as defined in the Credit Agreement).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
US Foods Holding Corp. terminated Cooperation Agreement with Sachem Head Capital Management LP and certain of its affiliates (collectively, "Sachem Head") (effective 2024-02-28).
- Action
- termination
- Counterparty
- Sachem Head Capital Management LP and certain of its affiliates (collectively, "Sachem Head")
- Effective
- 2024-02-28
Exact text from the filing
On February 28, 2024, US Foods Holding Corp. (the "Company") entered into a Mutual Termination Agreement (the "Termination Agreement") with Sachem Head Capital Management LP and certain of its affiliates (collectively, "Sachem Head").
View on SEC.gov