secwatch.observer — SEC 8-K summary
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Issuer:     Elanco Animal Health Inc (ELAN)
CIK:        0001739104
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001104659-24-089000
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elanco enters $350M incremental term loan facility due 2031 to repay existing debt
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- New incremental term facility of $350M, matures on August 13, 2031.
- Interest rate: 1.75% for Term Benchmark loans, 0.75% for ABR loans.
- Proceeds used to repay certain existing term loans and for general corporate purposes.
- Quarterly principal payments of $875,000 starting Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739104/000110465924089000/0001104659-24-089000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739104/000110465924089000/tm2421451d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-089000

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