secwatch.observer — SEC 8-K summary
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Issuer:     Performance Food Group Co (PFGC)
CIK:        0001618673
Form:       8-K
Filed at:   2024-09-12T23:59:59+00:00
Accession:  0001193125-24-217992
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PFGC upsizes revolver to $5.0B, issues $1.0B 6.125% notes due 2032 for Cheney Bros. acquisition
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- Sixth Amended Credit Agreement increases revolving commitments from $4.0B to $5.0B, extends maturity to Sept. 9, 2029.
- Issued $1.0B of 6.125% Senior Notes due Sept. 15, 2032; proceeds to partly fund Cheney Bros. acquisition.
- New credit facility provides $1.0B uncommitted incremental capacity and includes a $375M fixed charge coverage trigger.
- Notes are guaranteed by PFGC, Inc. and material domestic subsidiaries; redemption prices start at 103.063% after Sept. 2027.
- Wells Fargo serves as administrative agent; J.P. Morgan, BofA, BMO, Capital One, Rabobank as syndication agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618673/000119312524217992/0001193125-24-217992-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618673/000119312524217992/d893270d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-217992

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