secwatch.observer — SEC 8-K summary
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Issuer:     Simply Good Foods Co (SMPL)
CIK:        0001702744
Form:       8-K
Filed at:   2025-02-03T23:59:59+00:00
Accession:  0001104659-25-008352
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Simply Good Foods reprices term loans, reducing interest rate margins by 50 bps
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- SOFR-based Initial Term Loans margin cut from 2.50% to 2.00%; ABR-based from 1.50% to 1.00%.
- Credit spread adjustment previously applied to SOFR loans eliminated.
- Prepayment premium period for Repricing Transactions reset to six months from effective date.
- Non-consenting term lenders' loans assigned to Barclays Bank PLC as replacement lender.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1702744/000110465925008352/0001104659-25-008352-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1702744/000110465925008352/tm254954d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-008352

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