---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-26-000171"
form_type: "8-K"
ticker: "HAS"
cik: "0000046080"
company_name: "HASBRO, INC."
filed_at: "2026-02-20T23:59:59+00:00"
generated_at: "2026-05-16T01:35:38.148666+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hasbro enters $1.1B revolver maturing 2031, extends prior facility by ~2.5 years

## Summary
- 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.

## SEC filing metadata
- accession: 0000950157-26-000171
- form_type: 8-K
- ticker: HAS
- cik: 0000046080
- company_name: HASBRO, INC.
- filed_at: 2026-02-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46080/000095015726000171/0000950157-26-000171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46080/000095015726000171/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-26-000171
- JSON: https://secwatch.observer/filing/0000950157-26-000171.json
- Plain text: https://secwatch.observer/filing/0000950157-26-000171.txt

## Source-grounded claims
- claim_id: 1f67ef8be1e3cee882f1988b85d8bb7bdc970b28
  claim: 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.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015726000171/0000950157-26-000171-index.htm
- claim_id: 8abe32985efdfefc3d6ef22591ea4b4ee08a96b6
  claim: 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).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/46080/000095015726000171/0000950157-26-000171-index.htm

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