secwatch.observer — SEC 8-K summary
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Issuer:     JABIL INC (JBL)
CIK:        0000898293
Form:       8-K
Filed at:   2023-02-13T23:59:59+00:00
Accession:  0001193125-23-033999
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jabil extends revolver maturities to 2025 (Tranche B) and 2027 (Tranche A); transitions to SOFR
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- Three-year revolver extended from Jan 22, 2024 to Jan 22, 2025; five-year revolver from Jan 22, 2026 to Jan 22, 2027.
- USD loans now bear SOFR + 0.10% spread adjustment plus margin of 0.975%-1.45% based on debt rating.
- Interest rates subject to sustainability adjustments of up to 4 bps on margin and 1 bps on facility fee for GHG/EHS metrics.
- LIBOR references replaced with SOFR, CDOR, EURIBOR, and TIBOR for respective currency borrowings.
- All existing lenders consented; Amendment effective February 10, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898293/000119312523033999/0001193125-23-033999-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898293/000119312523033999/d465088d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-033999

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