Leslie's amends term loan to replace LIBOR with Term SOFR rate benchmark

Leslie's, Inc.

Amendment replaces LIBOR with Term SOFR plus adjustments: 0.11448% (1-mo), 0.26161% (3-mo), 0.42826% (6-mo).
All other material terms of the existing Term Loan remain unchanged.
Amendment entered on June 8, 2023; administrative agent is Nomura Corporate Funding Americas.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Leslie's, Inc. amended Amendment No. 1 with Nomura Corporate Funding Americas, LLC (effective 2023-06-08).

Action: amendment
Agreement: credit facility
Counterparty: Nomura Corporate Funding Americas, LLC
Effective: 2023-06-08

Exact text from the filing

On June 8, 2023, Leslie’s Poolmart, Inc., Leslie’s, Inc., (collectively, the “Company”), the financial institutions party thereto from time to time, and Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent, entered into Amendment No. 1 (“Amendment No. 1”) to the Company’s Amended and Restated Term Loan Credit Agreement dated March 9, 2021 (the “Term Loan”).

View on SEC.gov

113 material agreements filed in the last 30 days. Browse all material agreements →

Leslie's, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-027748

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.