secwatch.observer — SEC 8-K summary
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Issuer:     MOLSON COORS BEVERAGE CO (TAP)
CIK:        0000024545
Form:       8-K
Filed at:   2021-10-07T23:59:59+00:00
Accession:  0001104659-21-124199
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Molson Coors amends credit agreement to replace LIBOR with SONIA and EURIBOR for GBP and EUR borrowings
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- Entered Amendment No. 3 to $1.5B credit agreement on Oct 5, 2021, updating interest rate benchmarks.
- GBP-denominated borrowings will use daily simple SONIA-based rate plus adjustment; EUR borrowings use EURIBOR.
- Amendment executed by Molson Coors Beverage Company, four subsidiaries, and Citibank as administrative agent.
- No change to total commitment size, covenant structure, or financial terms; purely rate-index transition from LIBOR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24545/000110465921124199/0001104659-21-124199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24545/000110465921124199/tm2129328d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-124199

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