{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-251560","form_type":"8-K","ticker":"NWL","cik":"0000814453","company_name":"NEWELL BRANDS INC.","filed_at":"2023-10-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.077204+00:00","generated_at":"2026-06-10T04:22:42.242908+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Newell Brands enters new $275M A/R securitization facility; replaces terminated facility","bullets":["New three-year revolving facility provides up to $275M (April–Feb) and $225M (other times).","Floating yield at SOFR + 0.10% or weighted-average commercial paper cost.","Former A/R facility terminated with no outstanding borrowings.","Receivables sold to Jarden Receivables, LLC; off-balance sheet; no collectability guarantee.","Customary affirmative/negative covenants and acceleration provisions apply."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-251560","json":"https://secwatch.observer/filing/0001193125-23-251560.json","markdown":"https://secwatch.observer/filing/0001193125-23-251560.md","text":"https://secwatch.observer/filing/0001193125-23-251560.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/814453/000119312523251560/0001193125-23-251560-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/814453/000119312523251560/d548738d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T04:22:42.242908+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":"bf490f37586ff17255a5dada736d681a47c5d0ae","claim":"NEWELL BRANDS INC. incurred debt of up to $275 million with Royal Bank of Canada, as administrative agent at SOFR calculated based on term SOFR for a one-month interest period, plus 0.10% maturing three-year.","evidence_excerpt":"The New A/R Facility provides for liquidity in an amount of up to $275 million between April and February of each year and up to $225 million at all other times.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/814453/000119312523251560/0001193125-23-251560-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Principal","value":"up to $275 million"},{"label":"Counterparty","value":"Royal Bank of Canada, as administrative agent"},{"label":"Rate","value":"SOFR calculated based on term SOFR for a one-month interest period, plus 0.10%"},{"label":"Maturity","value":"three-year"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"fc4d2fcc0757a925f0e7c34e2a1a0f767c890ca4","claim":"NEWELL BRANDS INC. entered into New A/R Facility with Royal Bank of Canada, as administrative agent valued at up to $275 million (effective 2023-10-02).","evidence_excerpt":"On October 2, 2023, following the termination of its existing accounts receivable securitization facility (the “Former A/R Facility”), which had no outstanding borrowings at termination, Newell Brands Inc. (the “Company”), the Originators (as defined below), each of which is a wholly-owned subsidiary of the Company, and Jarden Receivables, LLC, a wholly-owned bankruptcy-remote special purpose entity (the “SPE”), entered into a new three-year revolving accounts receivable securitization facility (the “New A/R Facility”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/814453/000119312523251560/0001193125-23-251560-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Royal Bank of Canada, as administrative agent"},{"label":"Value","value":"up to $275 million"},{"label":"Effective","value":"2023-10-02"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}