secwatch.observer — SEC 8-K summary
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Issuer:     Performance Food Group Co (PFGC)
CIK:        0001618673
Form:       8-K
Filed at:   2023-04-18T23:59:59+00:00
Accession:  0000950170-23-013296
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Performance Food Group amends credit facility to replace LIBOR with SOFR benchmark
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- First Amendment to ABL Facility effective April 17, 2023, transitions benchmark from LIBOR to term SOFR.
- Borrowings now bear interest at Base Rate (floor 0.00%) or Adjusted Term SOFR plus a spread.
- Unused commitment fee set at 0.250% per annum.
- Wells Fargo Bank continues as administrative and collateral agent under the amended facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618673/000095017023013296/0000950170-23-013296-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618673/000095017023013296/pfgc-20230417.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-013296

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