{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-086855","form_type":"8-K","ticker":"NWL","cik":"0000814453","company_name":"NEWELL BRANDS INC.","filed_at":"2023-03-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.163751+00:00","generated_at":"2026-06-17T08:44:19.079854+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Newell Brands amends credit agreement, lowers interest coverage covenant to 3.00x for four quarters","bullets":["Interest Coverage Ratio reduced from 3.50x to 3.00x for fiscal quarters ending June 30, Sep 30, Dec 31, 2023 and Mar 31, 2024.","Covenant reverts to 3.50x after March 31, 2024.","Consolidated EBITDA definition expanded to include non-cash stock compensation expenses.","Amendment executed March 27, 2023 with required lenders; no default or event of default occurred."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-086855","json":"https://secwatch.observer/filing/0001193125-23-086855.json","markdown":"https://secwatch.observer/filing/0001193125-23-086855.md","text":"https://secwatch.observer/filing/0001193125-23-086855.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814453/000119312523086855/0001193125-23-086855-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814453/000119312523086855/d478641d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T08:44:19.079854+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":"364ffc15ce6717c7879d5a50d7b9d4ba88b2b384","claim":"NEWELL BRANDS INC. amended First Amendment with JPMorgan Chase Bank, N.A., as Administrative Agent (effective 2023-03-27).","evidence_excerpt":"On March 27, 2023, Newell Brands Inc. (the “Company”) and certain of its subsidiaries, as subsidiary borrowers (the “Subsidiary Borrowers”), entered into an amendment to the five-year revolving credit agreement (the “First Amendment”) with a syndicate of banks led by JPMorgan Chase Bank, N.A., as Administrative Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814453/000119312523086855/0001193125-23-086855-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":"Effective","value":"2023-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}