---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-207759"
form_type: "8-K/A"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2024-08-27T23:59:59+00:00"
generated_at: "2026-05-31T07:23:03.744658+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Capri Holdings secures $450M term loan to refinance Nov 2024 notes

## Summary
- $450M senior unsecured delayed draw term loan facility, available until Nov 1, 2024.
- Proceeds may be used solely to repay 4.00% senior notes due Nov 1, 2024.
- Term loans mature 364 days after borrowing; interest based on SOFR plus margin.
- Subject to pro forma net leverage ratio covenant of no greater than 4.0x.
- Commitment fee of 10-20 bps per annum on unused portion accrues after 45 days.

## SEC filing metadata
- accession: 0001193125-24-207759
- form_type: 8-K/A
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2024-08-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000119312524207759/0001193125-24-207759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000119312524207759/d888077d8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-207759
- JSON: https://secwatch.observer/filing/0001193125-24-207759.json
- Plain text: https://secwatch.observer/filing/0001193125-24-207759.txt

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