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8-K filed May 2, 2023, 7:59 PM ET ticker SWBI CIK 0001092796
debt confidence high sentiment neutral materiality 0.30

Smith & Wesson amends credit facility to replace LIBOR with SOFR; adjusts covenant for relocation costs

SMITH & WESSON BRANDS, INC.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

SMITH & WESSON BRANDS, INC. amended First Amendment to Amended and Restated Credit Agreement with TD Bank, N.A. valued at Amendment to credit agreement replacing LIBOR with SOFR, amending definition of Consolidated Fixed C (effective 2023-04-28).

Action
amendment
Agreement
credit facility
Counterparty
TD Bank, N.A.
Value
Amendment to credit agreement replacing LIBOR with SOFR, amending definition of Consolidated Fixed C
Effective
2023-04-28
Exact text from the filing
On April 28, 2023, Smith & Wesson Brands, Inc. (the “ Company ”) entered into an amendment (the “ Amendment ”) among the Company, certain of the Company’s subsidiaries, certain Guarantors party thereto, certain lenders party thereto, and TD Bank, N.A., as administrative agent and Swingline Lender, to that certain Amended and Restated Credit Agreement, dated August 24, 2020, among the Company, certain of its direct and indirect Domestic Subsidiaries, certain lenders, TD Bank, N.A., as administrative agent, TD Securities (USA) LLC and Regions Bank, as joint lead arrangers and joint bookrunners, and Regions Bank, as syndication agent
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Source: SEC EDGAR
accession 0001193125-23-132493
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