HASBRO, INC. (HAS): debt financing — Hasbro enters $1.1B revolver maturing 2031, extends prior facility by ~2.5 years

HASBRO, INC.

New $1.1B senior unsecured revolving credit facility, maturity extended to Feb 20, 2031 (from Sept 5, 2028).
Incremental commitment capacity of $550M; sub-facilities of $75M for LCs and $50M for swing line loans.
Interest margins (Term Benchmark) from 0.75% to 1.50% plus commitment fee 0.07%–0.225% based on rating/leverage.
Financial covenants: interest coverage ≥3.00x; leverage ≤3.75x (Q1,2,4) / 4.00x (Q3).
Replaces prior facility that included Hasbro SA as borrower; new agreement solely with Hasbro Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

HASBRO, INC. incurred revolving credit of $1.1 billion with Bank of America, N.A. at plus a per annum applicable rate that fluctuates between 75.0 basis points and 1 maturing February 20, 2031.

Instrument: revolving credit
Principal: $1.1 billion
Counterparty: Bank of America, N.A.
Rate: plus a per annum applicable rate that fluctuates between 75.0 basis points and 1
Maturity: February 20, 2031
Event: incurrence

Exact text from the filing

The Amended Agreement provides the Borrower with a senior unsecured revolving credit facility (the “Revolving Facility”) with commitments in an aggregate principal amount of $1.1 billion.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

HASBRO, INC. amended Fourth Amended and Restated Revolving Credit Agreement with Bank of America, N.A. valued at $1,100,000,000 revolving credit facility, with potential incremental increase of $550,000,000 (effective 2026-02-20).

Action: amendment
Agreement: credit facility
Counterparty: Bank of America, N.A.
Value: $1,100,000,000 revolving credit facility, with potential incremental increase of $550,000,000
Effective: 2026-02-20

Exact text from the filing

Item 1.01 Entry into a Material Definitive Agreement. On February 20, 2026 (the "Effective Date"), Hasbro, Inc. (the "Company" or the "Borrower") entered into a Fourth Amended and Restated Revolving Credit Agreement (the "Amended Agreement") with Bank of America, N.A., as administrative agent, swing line lender, L/C issuer and lender, and certain other financial institutions, as L/C issuers and/or lenders.

View on SEC.gov

Browse all debt financings →

HASBRO, INC. filing history →

Source: SEC EDGAR

accession 0000950157-26-000171

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.