secwatch.observer — SEC 8-K summary
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Issuer:     LEGGETT & PLATT INC (LEG)
CIK:        0000058492
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001193125-22-309152
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Leggett & Platt amends $1.2B credit agreement to replace LIBOR with SOFR
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- Amendment dated Dec 16, 2022 replaces LIBOR benchmarks with SOFR and adds 0% interest rate floor.
- No borrowings outstanding; facility continues to support $1.2B commercial paper program.
- Sanctioned country definition updated to include Donetsk and Luhansk People's Republics.
- Total revolving commitments unchanged at $1.2B; maturity remains Sept 30, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/58492/000119312522309152/0001193125-22-309152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/58492/000119312522309152/d434301d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-309152

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