Lamb Weston enters $450M term loan amendment; extends existing loan maturity to 2026

On January 31, 2023, Lamb Weston Holdings, Inc. (the “Company”) entered into the Fourth Amendment to Credit Agreement (the “Fourth Amendment”), which amends the Company’s existing Credit Agreement, dated as of June 28, 2019 (as amended by the First Amendment to Credit Agreement, dated as of April 17, 2020, the Second Amendment to Credit Agreement, dated as of September 23, 2020, and the Third Amendment to Credit Agreement, dated as of August 11, 2021, the “Existing Credit Agreement” and, as further amended by the Fourth Amendment, the “Amended Credit Agreement”), among the Company, the guarantors party thereto, the lenders from time to time party thereto and AgWest Farm Credit, PCA (as successor by merger to Northwest Farm Credit Services, PCA), as administrative agent.