secwatch.observer — SEC 8-K summary
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Issuer:     Organon & Co. (OGN)
CIK:        0001821825
Form:       8-K
Filed at:   2023-07-07T23:59:59+00:00
Accession:  0001104659-23-079109
Event type: debt
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Organon amends credit agreement to replace LIBOR with SOFR-based rates
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- Amendment replaces LIBOR with Adjusted Term SOFR in senior secured credit agreement dated June 2, 2021.
- No changes to principal amounts, interest rates, or maturity of existing loans.
- Amendment effective June 30, 2023; no lender objection received.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1821825/000110465923079109/0001104659-23-079109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1821825/000110465923079109/tm2320737d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-079109

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