secwatch / observer
8-K filed October 12, 2023, 7:59 PM ET ticker BJ CIK 0001531152
debt confidence high sentiment neutral materiality 0.60

BJ's Wholesale Club Holdings, Inc. (BJ): debt financing — BJ's Wholesale Club refinances $400M term loans, reduces rate and extends maturity to 2029

BJ's Wholesale Club Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

BJ's Wholesale Club Holdings, Inc. incurred term loan of $400,000,000 with Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent at SOFR plus 2.00% per annum maturing February 3, 2029.

Instrument
term loan
Principal
$400,000,000
Counterparty
Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent
Rate
SOFR plus 2.00% per annum
Maturity
February 3, 2029
Event
incurrence
Exact text from the filing
the Fourth Amendment, among other things, provides for a new tranche of term loans in an aggregate principal amount of $400,000,000 (the “2023 Term Loans”), which refinances and replaces in full the existing Tranche B Term Loans outstanding under the First Lien Term Loan Credit Agreement immediately prior to the effectiveness of the Fourth Amendment
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

BJ's Wholesale Club Holdings, Inc. amended Fourth Amendment with Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent, and the lenders party thereto valued at $400,000,000 (effective 2023-10-12).

Action
amendment
Agreement
credit facility
Counterparty
Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent, and the lenders party thereto
Value
$400,000,000
Effective
2023-10-12
Exact text from the filing
On October 12, 2023 (the “Fourth Amendment Effective Date”), BJ’s Wholesale Club Holdings, Inc. (the “Company”), BJ’s Wholesale Club, Inc. and certain other subsidiaries of the Company entered into an amendment (the “Fourth Amendment”) to the First Lien Term Loan Credit Agreement (as defined below), with Nomura Corporate Funding Americas, LLC, as administrative agent and collateral agent, and the lenders party thereto
View on SEC.gov

222 debt financings filed in the last 30 days. Browse all debt financings →

BJ's Wholesale Club Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-23-108811
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.