{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-253873","form_type":"8-K","ticker":"CPB","cik":"0000016732","company_name":"CAMPBELL'S Co","filed_at":"2023-10-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.013607+00:00","generated_at":"2026-06-10T01:41:25.978289+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Campbell Soup enters $2B delayed draw term loan for Sovos Brands acquisition","bullets":["Unsecured delayed draw term loan facility of up to $2B, maturing October 8, 2024.","Interest rates vary by loan type; includes minimum interest coverage ratio of 3.25:1.00.","Ticking fee of 0.10% on unused commitments; funding fee of 0.20% on outstanding loans after 90 days.","Proceeds restricted to funding the previously announced Sovos Brands acquisition and related fees.","Bank of America serves as administrative agent; lenders include some existing relationship banks."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-253873","json":"https://secwatch.observer/filing/0001193125-23-253873.json","markdown":"https://secwatch.observer/filing/0001193125-23-253873.md","text":"https://secwatch.observer/filing/0001193125-23-253873.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/16732/000119312523253873/0001193125-23-253873-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/16732/000119312523253873/d410910d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T01:41:25.978289+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":"a1f0141e933168bc47291706a695d3f00bd0f7fa","claim":"CAMPBELL'S Co entered into Delayed Draw Term Loan Credit Agreement with the various lenders named therein and Bank of America, N.A., as administrative agent valued at $2 billion (effective 2023-10-10).","evidence_excerpt":"On October 10, 2023, Campbell Soup Company (the “Company”) entered into a Delayed Draw Term Loan Credit Agreement (the “Credit Agreement”) with the various lenders named therein and Bank of America, N.A., as administrative agent for the lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/16732/000119312523253873/0001193125-23-253873-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"the various lenders named therein and Bank of America, N.A., as administrative agent"},{"label":"Value","value":"$2 billion"},{"label":"Effective","value":"2023-10-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}