secwatch.observer — SEC 8-K summary
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Issuer:     SiteOne Landscape Supply, Inc. (SITE)
CIK:        0001650729
Form:       8-K
Filed at:   2023-03-27T23:59:59+00:00
Accession:  0001104659-23-037106
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiteOne amends credit agreement to replace LIBOR with SOFR benchmark
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- Subsidiary entered First Amendment to $325M Second Amended and Restated Credit Agreement on March 27, 2023.
- Amendment replaces LIBOR interest rate with a forward-looking SOFR-based rate.
- Existing Eurodollar Loans continue at LIBOR until their Interest Period ends, then convert to Term SOFR.
- No changes to loan amount, maturity, or other economic terms of the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1650729/000110465923037106/0001104659-23-037106-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1650729/000110465923037106/tm2310561d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-037106

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer