secwatch.observer — SEC 8-K summary
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Issuer:     MSC INDUSTRIAL DIRECT CO INC (MSM)
CIK:        0001003078
Form:       8-K
Filed at:   2025-07-22T23:59:59+00:00
Accession:  0001003078-25-000089
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MSC Industrial extends $600M credit facility maturity to 2030, adds $50M swingline
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- Maturity extended to July 16, 2030; facility remains $600M unsecured revolver.
- Added a $50M swingline loan sub-facility.
- Removed credit spread adjustment; updated pricing grid tied to consolidated net leverage ratio.
- Replaced certain lenders; option to request up to two one-year extensions, subject to lender approval.
- JPMorgan Chase Bank remains administrative agent; Bank of America, Wells Fargo, U.S. Bank as lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1003078/000100307825000089/0001003078-25-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1003078/000100307825000089/msm-20250716.htm
  HTML page:      https://secwatch.observer/filing/0001003078-25-000089

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