secwatch.observer — SEC 8-K summary
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Issuer:     LEVI STRAUSS & CO (LEVI)
CIK:        0000094845
Form:       8-K
Filed at:   2022-11-25T23:59:59+00:00
Accession:  0001193125-22-292555
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Levi Strauss expands revolving credit facility to $1B via $150M accordion, transitions to SOFR
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/0001193125-22-292555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/94845/000119312522292555/d292461d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-292555

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