secwatch.observer — SEC 8-K summary
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Issuer:     Victoria's Secret & Co. (VSCO)
CIK:        0001856437
Form:       8-K
Filed at:   2021-08-03T23:59:59+00:00
Accession:  0001140361-21-026649
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 2.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Victoria's Secret completes spin-off from Bath & Body Works, begins trading as VSCO
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- Distribution completed August 2, 2021; Victoria's Secret (VSCO) shareholders received 1 share for every 3 Bath & Body Works shares held as of July 22, 2021.
- Entered into $400M Term Loan B Facility (LIBOR+3.25%, 7-yr maturity) and an ABL revolving credit facility.
- Executed separation, tax, transition services, employee matters, and transportation agreements with Bath & Body Works.
- Bath & Body Works retains no ownership; Victoria's Secret now independent, publicly traded on NYSE.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856437/000114036121026649/0001140361-21-026649-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856437/000114036121026649/nt10026698x8_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-026649

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