---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-080317"
form_type: "8-K"
ticker: "SITE"
cik: "0001650729"
company_name: "SiteOne Landscape Supply, Inc."
filed_at: "2023-07-12T23:59:59+00:00"
generated_at: "2026-06-13T09:30:26.474422+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SiteOne Landscape Supply upsizes term loans by $120M to $372M, repays ABL facility

## Summary
- Borrowed additional $120M Initial Term Loans from JPMorgan Chase on July 12, 2023; total outstanding $372M.
- Proceeds used to repay certain Senior ABL facility loans and pay related fees and expenses.
- Quarterly amortization payments set at $950,167.33 starting after the July 12, 2023 effective date.
- No Event of Default occurred and representations and warranties remained true after giving effect to the increase.

## SEC filing metadata
- accession: 0001104659-23-080317
- form_type: 8-K
- ticker: SITE
- cik: 0001650729
- company_name: SiteOne Landscape Supply, Inc.
- filed_at: 2023-07-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1650729/000110465923080317/0001104659-23-080317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1650729/000110465923080317/tm2321068d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-080317
- JSON: https://secwatch.observer/filing/0001104659-23-080317.json
- Plain text: https://secwatch.observer/filing/0001104659-23-080317.txt

## Key facts
- Debt Financings
  SiteOne Landscape Supply, Inc. incurred term loan of an additional $120 million of Initial Term Loans with JPMorgan Chase Bank, N.A..
  - Instrument: term loan
  - Principal: an additional $120 million of Initial Term Loans
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Event: incurrence
  source text: The Increase Supplement provides for an additional $120 million of Initial Term Loans (as used herein, as defined in the Credit Agreement) and makes such other changes to the Existing Credit Agreement as agreed between Holding and the Increasing Lender.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650729/000110465923080317/0001104659-23-080317-index.htm
- Material Agreements
  SiteOne Landscape Supply, Inc. amended Increase Supplement with JPMorgan Chase Bank, N.A. valued at an additional $120 million (effective 2023-07-12).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: an additional $120 million
  - Effective: 2023-07-12
  source text: SiteOne Landscape Supply, Inc. (the “Company”) announced that its subsidiary, SiteOne Landscape Supply Holding, LLC (“Holding”), has entered into the Increase Supplement, dated as of July 12, 2023 (the “Increase Supplement”), by and between Holding, as borrower representative, and JPMorgan Chase Bank, N.A., as increasing lender (the “Increasing Lender”), to the Second Amended and Restated Credit Agreement, dated as of March 23, 2021 (as amended prior to July 12, 2023, the “Existing Credit Agreement", and as amended by the Increase Supplement, the “Credit Agreement”), among Holding and SiteOne Landscape Supply, LLC, as borrowers, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and the several banks and other financial institutions party thereto. The Increase Supplement provides for an additional $120 million of Initial Term Loans
  evidence_url: https://www.sec.gov/Archives/edgar/data/1650729/000110465923080317/0001104659-23-080317-index.htm

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