secwatch.observer — SEC 8-K summary
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Issuer:     BJ's Wholesale Club Holdings, Inc. (BJ)
CIK:        0001531152
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001104659-24-113883
Event type: debt
Sentiment:  positive
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BJ's Wholesale Club refinances $400M term loan, reduces interest rate by 25 bps
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- New $400M term loan at SOFR + 1.75% per annum, replacing prior rate of SOFR + 2.00%.
- Fifth Amendment executed Nov 4, 2024; refinances all outstanding Tranche B Term Loans.
- Proceeds used to repay existing debt and pay fees and expenses.
- Deutsche Bank Securities left lead arranger; Nomura, BofA, Wells Fargo joint bookrunners.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1531152/000110465924113883/0001104659-24-113883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1531152/000110465924113883/tm2427369d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113883

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