---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-025010"
form_type: "8-K"
ticker: "TPB"
cik: "0001290677"
company_name: "Turning Point Brands, Inc."
filed_at: "2023-05-16T23:59:59+00:00"
generated_at: "2026-06-14T23:16:48.282561+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Turning Point Brands amends credit agreement to replace LIBOR with SOFR effective July 1, 2023

## Summary
- Amendment replaces LIBOR with Term SOFR as interest rate benchmark under secured revolving credit facility.
- Effective July 1, 2023; existing LIBOR-based loans continue until their current interest periods end.
- All other credit agreement provisions confirmed; no changes to credit limits, covenants, or financial terms.

## SEC filing metadata
- accession: 0001140361-23-025010
- form_type: 8-K
- ticker: TPB
- cik: 0001290677
- company_name: Turning Point Brands, Inc.
- filed_at: 2023-05-16T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1290677/000114036123025010/0001140361-23-025010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1290677/000114036123025010/brhc20053002_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-025010
- JSON: https://secwatch.observer/filing/0001140361-23-025010.json
- Plain text: https://secwatch.observer/filing/0001140361-23-025010.txt

## Key facts
- Material Agreements
  Turning Point Brands, Inc. entered into Amendment to Revolving Credit Agreement dated February 11, 2021 with Barclays Bank PLC, as administrative agent and collateral agent valued at Amendment to secured revolving credit facility (effective 2023-05-10).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Barclays Bank PLC, as administrative agent and collateral agent
  - Value: Amendment to secured revolving credit facility
  - Effective: 2023-05-10
  source text: On May 10, 2023, Turning Point Brands, Inc. (the “Company”) and certain of its subsidiaries, as guarantors, entered into an amendment (the “Amendment”) to the revolving credit agreement governing the Company’s secured revolving credit facility, dated as of February 11, 2021 (the “Credit Agreement”) by and among the Company, the obligors party thereto, Barclays Bank PLC, as administrative agent and collateral agent , and the lenders party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1290677/000114036123025010/0001140361-23-025010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.