---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-051350"
form_type: "8-K"
ticker: "SMPL"
cik: "0001702744"
company_name: "Simply Good Foods Co"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T09:08:37.183930+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Simply Good Foods reprices term loans, cuts margin by 75 bps, extends maturity to 2027

## Summary
- SOFR-based loan margin reduced from 3.25% to 2.50%; ABR-based from 2.25% to 1.50%.
- Term maturity extended to March 17, 2027.
- Prepayment premium reset for repricing transactions within six months.
- Barclays Bank PLC serves as Replacement Lender; non-consenting lenders assigned to Barclays.
- Amendment effective April 25, 2023 after satisfaction of all conditions.

## SEC filing metadata
- accession: 0001104659-23-051350
- form_type: 8-K
- ticker: SMPL
- cik: 0001702744
- company_name: Simply Good Foods Co
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1702744/000110465923051350/0001104659-23-051350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1702744/000110465923051350/tm2313759d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-051350
- JSON: https://secwatch.observer/filing/0001104659-23-051350.json
- Plain text: https://secwatch.observer/filing/0001104659-23-051350.txt

## Key facts
- Material Agreements
  Simply Good Foods Co amended Repricing Amendment with Barclays Bank PLC, as administrative agent (effective 2023-04-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC, as administrative agent
  - Effective: 2023-04-25
  source text: On April 25, 2023, Simply Good Foods USA, Inc., a wholly owned, indirect subsidiary of The Simply Good Foods Company (the “ Administrative Borrower ”), entered into that certain Repricing Amendment (the “ Amendment ”) to the Credit Agreement, dated as of July 7, 2017, among Conyers Park Acquisition Corp., Atkins Intermediate Holdings, LLC, the Administrative Borrower, the other Borrowers party thereto and Barclays Bank PLC, as administrative agent thereunder (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “ Credit Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1702744/000110465923051350/0001104659-23-051350-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.