secwatch.observer — SEC 8-K summary
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Issuer:     WORTHINGTON ENTERPRISES, INC. (WOR)
CIK:        0000108516
Form:       8-K
Filed at:   2023-12-12T23:59:59+00:00
Accession:  0000950170-23-069698
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Worthington Enterprises repays $150M 4.60% Senior Notes due 2024 using Separation Dividend
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- On Dec 6, 2023, repaid $150M principal plus $498k accrued interest on 4.60% Senior Notes due Aug 10, 2024.
- Funds came from $150M cash distribution received from Worthington Steel in connection with its separation.
- Note Agreement with Prudential and affiliates terminated; no early termination fees or penalties.
- No further monetary obligations remain under the Note Agreement.
- Notes were originally issued Aug 2012; carried 4.60% coupon, maturing Aug 10, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108516/000095017023069698/0000950170-23-069698-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108516/000095017023069698/wor-20231206.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-069698

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