---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-099179"
form_type: "8-K"
ticker: "JBI"
cik: "0001839839"
company_name: "Janus International Group, Inc."
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T03:14:20.258895+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Janus International amends ABL credit agreement to replace LIBOR with SOFR

## Summary
- Amendment transitions interest rate benchmark for all ABL borrowings from LIBOR to SOFR.
- Effective April 10, 2023; existing LIBOR loans converted on that date without indemnity for funding losses.
- No change to $50M revolving commitment or other material terms; solely a rate benchmark update.
- Loan parties reaffirm guarantees; no new obligations or financial impact disclosed.

## SEC filing metadata
- accession: 0001193125-23-099179
- form_type: 8-K
- ticker: JBI
- cik: 0001839839
- company_name: Janus International Group, Inc.
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839839/000119312523099179/0001193125-23-099179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839839/000119312523099179/d461393d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-099179
- JSON: https://secwatch.observer/filing/0001193125-23-099179.json
- Plain text: https://secwatch.observer/filing/0001193125-23-099179.txt

## Key facts
- Debt Financings
  Janus International Group, Inc. amended revolving credit at replaces the interest rate based on the London Interbank Offered Rate ("LIBOR").
  - Instrument: revolving credit
  - Rate: replaces the interest rate based on the London Interbank Offered Rate ("LIBOR")
  - Event: amendment
  source text: The Amendment, among other things, (i) replaces the interest rate based on the London Interbank Offered Rate ("LIBOR") and related LIBOR-based mechanics applicable to borrowings under the ABL Agreement with an interest rate based on the Secured Overnight Financing Rate ("SOFR") and related SOFR-based mechanics
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523099179/0001193125-23-099179-index.htm
- Material Agreements
  Janus International Group, Inc. amended Amendment Number Three to ABL Credit and Guarantee Agreement with Wells Fargo Bank, National Association, as administrative agent and collateral agent (effective 2023-04-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent and collateral agent
  - Effective: 2023-04-10
  source text: On April 10, 2023, Janus International Group, LLC (“Janus Core”), a wholly owned subsidiary of Janus International Group, Inc., entered into Amendment Number Three to ABL Credit and Guarantee Agreement (“the Amendment”) to that certain ABL Credit and Guarantee Agreement, dated as of February 12, 2018 (as amended, the “ABL Agreement”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839839/000119312523099179/0001193125-23-099179-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.