secwatch.observer — SEC 8-K summary
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Issuer:     Koppers Holdings Inc. (KOP)
CIK:        0001315257
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001193125-24-280510
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Koppers reduces interest rate margin on $494.5M term loan by 50 bps
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- Amendment No. 5 lowers Term Loan B margin from 3.00% to 2.50% for SOFR loans and from 2.00% to 1.50% for base rate loans.
- Prepayments within first six months after closing are subject to a 1.00% premium on principal prepaid.
- All other material terms, conditions, and covenants under the Credit Agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1315257/000119312524280510/0001193125-24-280510-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1315257/000119312524280510/d914413d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-280510

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