secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2023-04-27T23:59:59+00:00
Accession:  0001104659-23-051350
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000110465923051350/0001104659-23-051350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000110465923051350/tm2313759d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-051350

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