secwatch.observer — SEC 8-K summary
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Issuer:     Core & Main, Inc. (CNM)
CIK:        0001856525
Form:       8-K
Filed at:   2022-08-01T23:59:59+00:00
Accession:  0001193125-22-208674
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Core & Main ups ABL facility by $400M to $1.25B, adopts SOFR rate
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- Aggregate commitments under ABL revolving credit facility increased by $400M to $1.25B overall.
- Amended facility matures July 27, 2026; accordion feature raised to $2.0B (up $650M).
- As of July 29, 2022, $142M of revolving loans outstanding and $9M in letters of credit issued.
- Amended benchmark from LIBOR to forward-looking SOFR; other terms modified as agreed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856525/000119312522208674/0001193125-22-208674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856525/000119312522208674/d353439d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-208674

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer