secwatch.observer — SEC 8-K summary
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Issuer:     Lamb Weston Holdings, Inc. (LW)
CIK:        0001679273
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001104659-23-008677
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lamb Weston enters $450M term loan amendment; extends existing loan maturity to 2026
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- Established new $450M Term A-3 Loan maturing Jan 31, 2030; proceeds to fund Lamb-Weston/Meijer acquisition.
- Extended maturity of existing $300M Term A Loan from June 2024 to June 2026.
- Term A-3 Loan bears interest at SOFR plus 2.00%-2.75% or Base Rate plus 1.00%-1.75%.
- Amortization repayments begin June 2023: equal quarterly installments at 5% of original principal annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679273/000110465923008677/0001104659-23-008677-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679273/000110465923008677/tm234927d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-008677

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