secwatch.observer — SEC 8-K summary
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Issuer:     APTARGROUP, INC. (ATR)
CIK:        0000896622
Form:       8-K
Filed at:   2021-07-02T23:59:59+00:00
Accession:  0001104659-21-088834
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AptarGroup enters $600M unsecured multicurrency revolver; $112M term loan remains
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- New A&R Credit Agreement provides $600M revolving credit facility (incl. $30M swingline); replaces prior $600M facility.
- Existing $112M term loan continues under the A&R agreement; matures July 20, 2022.
- Revolver matures June 30, 2026, with up to two one-year extension options available.
- Financial covenants: max consolidated leverage ratio of 3.50x and min interest coverage ratio of 3.00x.
- Applicable margins and facility fees vary with leverage ratio; benchmark rates include LIBOR, EURIBOR, SONIA, SARON.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/896622/000110465921088834/0001104659-21-088834-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/896622/000110465921088834/tm2121305d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-088834

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