secwatch / observer
8-K filed March 26, 2026, 7:59 PM ET ticker MBC CIK 0001941365
debt confidence high sentiment neutral materiality 0.60

MasterBrand, Inc. (MBC): debt financing — MasterBrand amends credit agreement to ease covenants ahead of planned merger with American Woodmark

MasterBrand, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

MasterBrand, Inc. amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto at adds a new category of pricing in respect of the margin over the base reference.

Instrument
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto
Rate
adds a new category of pricing in respect of the margin over the base reference
Event
amendment
Exact text from the filing
On March 26, 2026, MasterBrand, Inc. (“MasterBrand”) and certain of its subsidiaries entered into the Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the lenders party thereto, which amends that certain Amended and Restated Credit Agreement, dated as of June 27, 2024 (as amended by the First Amendment to Amended and Restated Credit Agreement, dated as of November 3, 2025, the “Existing Credit Agreement” and, the Existing Credit Agreement as amended by the Second Amendment, the “Credit Agreement”). The Second Amendment (i) adds a new category of pricing in respect of the margin over the base reference rate as to loans thereunder and (ii) changes the threshold for the net leverage ratio financial covenant and minimum interest coverage ratio financial covenant in the Existing Credit Agreement until (but excluding) the earlier of (A) January 1, 2027 and (B) the date t
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

MasterBrand, Inc. amended Second Amendment to Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto (effective 2026-03-26).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as administrative agent and the lenders party thereto
Effective
2026-03-26
Exact text from the filing
On March 26, 2026, MasterBrand, Inc. (“MasterBrand”) and certain of its subsidiaries entered into the Second Amendment to Amended and Restated Credit Agreement (the “Second Amendment”) with JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”) and the lenders party thereto, which amends that certain Amended and Restated Credit Agreement, dated as of June 27, 2024 (as amended by the First Amendment to Amended and Restated Credit Agreement, dated as of November 3, 2025, the “Existing Credit Agreement” and, the Existing Credit Agreement as amended by the Second Amendment, the “Credit Agreement”).
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MasterBrand, Inc. filing history →

Source: SEC EDGAR
accession 0001140361-26-011363
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