secwatch.observer — SEC 8-K summary
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Issuer:     CAMPBELL'S Co (CPB)
CIK:        0000016732
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001193125-24-097732
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Campbell Soup enters new $1.85B credit facility, replaces prior agreement
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- New $1.85B unsecured revolving credit facility matures April 16, 2029.
- Facility may be increased by up to $500M subject to conditions.
- Covenant requires minimum consolidated interest coverage ratio of 3.25:1.00.
- Proceeds for working capital and general corporate purposes.
- Old $1.85B facility dated September 2021 terminated concurrently.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/16732/000119312524097732/0001193125-24-097732-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/16732/000119312524097732/d806817d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-097732

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