secwatch.observer — SEC 8-K summary
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Issuer:     UNITED NATURAL FOODS INC (UNFI)
CIK:        0001020859
Form:       8-K
Filed at:   2026-04-02T23:59:59+00:00
Accession:  0001020859-26-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

UNFI amends ABL credit facility to $2.4B, extends maturity to April 2031
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- New $2.4B ABL facility replaces existing $2.6B facility; includes $130M FILO tranche.
- Maturity extended to April 1, 2031, subject to earlier springing maturity based on term loan or notes.
- Interest rates: Base Rate +0.125% to +0.375% (higher if availability <50%), or Term SOFR +1.125% to +1.375%.
- Fixed charge coverage ratio of 1.0:1 triggered if availability falls below $204M or 10% of borrowing base.
- Borrowing base based on 90% eligible receivables and 90% net orderly liquidation value of inventory.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1020859/000102085926000008/0001020859-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1020859/000102085926000008/unfi-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001020859-26-000008

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