---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-156688"
form_type: "8-K"
ticker: "BF-A"
cik: "0000014693"
company_name: "BROWN FORMAN CORP"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:34:01.595882+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Brown-Forman enters $900M revolver, up from $800M; matures May 2028

## Summary
- New $900M unsecured revolving credit facility replaces existing $800M facility; matures May 26, 2028.
- Two one-year extension options and an accordion feature allowing up to $650M additional commitments.
- Borrowings available in USD, Euro, Sterling, AUD, and other freely convertible currencies.
- No financial covenants; interest rates based on Term SOFR, EURIBOR, AUD rate, or SONIA plus applicable margins.
- Existing $800M facility was set to expire November 2024; new facility extends to 2028.

## SEC filing metadata
- accession: 0001193125-23-156688
- form_type: 8-K
- ticker: BF-A
- cik: 0000014693
- company_name: BROWN FORMAN CORP
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/0001193125-23-156688-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/d506047d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-156688
- JSON: https://secwatch.observer/filing/0001193125-23-156688.json
- Plain text: https://secwatch.observer/filing/0001193125-23-156688.txt

## Key facts
- Material Agreements
  BROWN FORMAN CORP entered into Second Amended and Restated Five-Year Credit Agreement with the lenders party thereto and U.S. Bank National Association, as Administrative Agent valued at an aggregate of up to $900,000,000 (effective 2023-05-26).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: the lenders party thereto and U.S. Bank National Association, as Administrative Agent
  - Value: an aggregate of up to $900,000,000
  - Effective: 2023-05-26
  source text: On May 26, 2023, Brown-Forman Corporation (the “Company”) entered into a Second Amended and Restated Five-Year Credit Agreement dated as of such date (the “Credit Agreement”) with the lenders party thereto and U.S. Bank National Association, as Administrative Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/14693/000119312523156688/0001193125-23-156688-index.htm

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