secwatch.observer — SEC 8-K summary
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Issuer:     Lamb Weston Holdings, Inc. (LW)
CIK:        0001679273
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001104659-22-025738
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamb Weston subsidiary enters RMB 1.079B term loan for China capex
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- Ulanqab Lamb Weston Food Co., Ltd. (wholly-owned LW subsidiary) signed Facility Agreement for RMB 1,079,000,000 (~USD 170.6M) term loan.
- Matures Feb 18, 2027; drawn until Feb 2024 (extendable to Feb 2025 if 50% drawn in initial period).
- Interest rate: PRC 5-year LPR + 0.30% per annum; amortization starts 36 months after initial draw.
- Proceeds for fixed asset investment in Inner Mongolia french fry/hash brown production lines (108,000 tons/year capacity).
- Loan is unconditionally guaranteed by Lamb Weston Holdings, Inc. (parent).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679273/000110465922025738/0001104659-22-025738-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679273/000110465922025738/tm227200d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-025738

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