secwatch.observer — SEC 8-K summary
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Issuer:     Floor & Decor Holdings, Inc. (FND)
CIK:        0001507079
Form:       8-K
Filed at:   2022-11-15T23:59:59+00:00
Accession:  0001104659-22-119144
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Floor & Decor amends credit agreement to replace LIBOR with Term SOFR
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- Amendment No. 6 transitions benchmark interest rate from Adjusted LIBOR to Adjusted Term SOFR.
- Applicable margins unchanged: base rate loans margin 1.00%-1.25%, SOFR loans 2.00%-2.25%.
- Existing LIBOR loans convert to SOFR loans effective November 30, 2022.
- Amendment executed with UBS AG as administrative agent; no objection from Required Lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507079/000110465922119144/0001104659-22-119144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507079/000110465922119144/tm2230570d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-119144

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