Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
KELLANOVA incurred credit facility of $1,100,000,000 with lenders at SOFR, CDOR, or EURIBOR plus margin ranging from 1.50% to 2.50% (for SOFR/CDOR/EU maturing five years from closing date.
- Instrument
- credit facility
- Principal
- $1,100,000,000
- Counterparty
- lenders
- Rate
- SOFR, CDOR, or EURIBOR plus margin ranging from 1.50% to 2.50% (for SOFR/CDOR/EU
- Maturity
- five years from closing date
- Event
- incurrence
Exact text from the filing
On September 12, 2023, WK Kellogg Co (the “Subsidiary”), a wholly owned subsidiary of Kellogg Company (“Kellogg”) entered into a credit facility in an aggregate principal amount of $1,100,000,000 (the “Credit Facility”), which will mature five years from the closing date thereof.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
KELLANOVA entered into Credit Facility with lenders under the Credit Facility valued at $1,100,000,000 (effective 2023-09-12).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- lenders under the Credit Facility
- Value
- $1,100,000,000
- Effective
- 2023-09-12
Exact text from the filing
On September 12, 2023, WK Kellogg Co (the “Subsidiary”), a wholly owned subsidiary of Kellogg Company (“Kellogg”) entered into a credit facility in an aggregate principal amount of $1,100,000,000 (the “Credit Facility”), which will mature five years from the closing date thereof.
View on SEC.gov