secwatch / observer
8-K filed November 25, 2022, 6:59 PM ET ticker LEVI CIK 0000094845
debt confidence high sentiment positive materiality 0.55

LEVI STRAUSS & CO (LEVI): debt financing — Levi Strauss expands revolving credit facility to $1B via $150M accordion, transitions to SOFR

LEVI STRAUSS & CO

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

LEVI STRAUSS & CO amended credit facility of total commitments increased to $1,000,000,000 with JPMorgan Chase Bank, N.A. at based on SOFR maturing same as Existing Credit Agreement.

Instrument
credit facility
Principal
total commitments increased to $1,000,000,000
Counterparty
JPMorgan Chase Bank, N.A.
Rate
based on SOFR
Maturity
same as Existing Credit Agreement
Event
amendment
Exact text from the filing
of the Existing Credit Agreement including, among other changes (i) documenting the exercise of the $150,000,000 accordion option to increase the total available commitments to $1,000,000,000 in the aggregate and (ii) providing updates to underlying benchmark language to reflect the transition to a Secured Overnight Financing Rate (SOFR). The amendment to the Company’s
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LEVI STRAUSS & CO amended Fifth Amendment to Second Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent valued at $150,000,000 (effective 2022-11-22).

Action
amendment
Agreement
credit facility
Counterparty
JPMorgan Chase Bank, N.A., as Administrative Agent
Value
$150,000,000
Effective
2022-11-22
Exact text from the filing
On November 22, 2022, Levi Strauss & Co. (the “Company”), Levi Strauss & Co. (Canada) Inc. (“LS Canada”) and certain other subsidiaries of the Company, entered into a fifth amendment to its second amended and restated credit agreement (the “Amendment”) with JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”), JPMorgan Chase Bank, N.A., Toronto Branch, as Multicurrency Administrative Agent (together with the Administrative Agent, the “Agents”), the lenders party thereto, which amends the existing Second Amended and Restated Credit Agreement
View on SEC.gov

4 debt financings filed in the last 30 days. Browse all debt financings →

LEVI STRAUSS & CO filing history →

Source: SEC EDGAR
accession 0001193125-22-292555
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.