secwatch.observer — SEC 8-K summary
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Issuer:     CHURCH & DWIGHT CO INC /DE/ (CHD)
CIK:        0000313927
Form:       8-K
Filed at:   2022-06-21T23:59:59+00:00
Accession:  0001193125-22-177715
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Church & Dwight replaces $1B credit facility with new $1.5B revolving line, maturing 2027
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- New $1.5B unsecured revolving credit facility replaces prior $1.0B facility; option to increase to $2.25B.
- Maturity June 16, 2027, with two one-year extension options available.
- Interest based on SOFR (USD) plus margin of 0.750%-1.375% (credit rating dependent) or Base Rate plus 0%-0.375%.
- Financial covenant: interest coverage ratio no less than 3.75:1.00; includes sustainability-linked pricing adjustments.
- Amended $400M term credit facility to replace LIBOR with SOFR-based rates; other key terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/313927/000119312522177715/0001193125-22-177715-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/313927/000119312522177715/d327666d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-177715

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