secwatch.observer — SEC 8-K summary
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Issuer:     Chefs' Warehouse, Inc. (CHEF)
CIK:        0001517175
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001193125-22-303911
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chefs' Warehouse issues $287.5M convertible notes; exchanges $158.4M of existing notes
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- Issued $287.5M of 2.375% convertible senior notes due 2028; net proceeds ~$279.7M.
- Used ~$159.8M plus 324,066 shares to repurchase/exchange $158.4M of existing 1.875% notes due 2024.
- Conversion price ~$44.27 (30% premium over Dec 8 close of $34.05); interest payable semiannually.
- Remaining proceeds for general corporate purposes; greenshoe option exercised in full.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1517175/000119312522303911/0001193125-22-303911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1517175/000119312522303911/d404491d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-303911

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