{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-292555","form_type":"8-K","ticker":"LEVI","cik":"0000094845","company_name":"LEVI STRAUSS & CO","filed_at":"2022-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.131090+00:00","generated_at":"2026-06-21T13:12:40.706950+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Levi Strauss expands revolving credit facility to $1B via $150M accordion, transitions to SOFR","bullets":["Total commitments increased from $850M to $1B by exercising $150M accordion option.","Credit agreement amended to replace LIBOR with SOFR as benchmark rate.","Fifth amendment dated Nov. 22, 2022; other material terms unchanged.","Provides greater liquidity and financial flexibility for the company.","JPMorgan Chase, Bank of America, BNP Paribas, HSBC served as joint lead arrangers."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-292555","json":"https://secwatch.observer/filing/0001193125-22-292555.json","markdown":"https://secwatch.observer/filing/0001193125-22-292555.md","text":"https://secwatch.observer/filing/0001193125-22-292555.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/0001193125-22-292555-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/d292461d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T13:12:40.706950+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"10cb1b59ad87b92309f1568fdd2c6dfa1b9b56d2","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/0001193125-22-292555-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"total commitments increased to $1,000,000,000"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"based on SOFR"},{"label":"Maturity","value":"same as Existing Credit Agreement"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"cbf830e5449f85bfc76463673fb6577be95b815b","claim":"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).","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/0001193125-22-292555-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as Administrative Agent"},{"label":"Value","value":"$150,000,000"},{"label":"Effective","value":"2022-11-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}