---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-049909"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2025-03-07T23:59:59+00:00"
generated_at: "2026-05-25T04:41:58.229914+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Smucker enters $650M term loan and $2.0B revolver to refinance maturing debt

## Summary
- Term loan of $650M unsecured, matures March 7, 2027, to partially repay $1.0B 3.50% Senior Notes due March 15, 2025.
- $2.0B unsecured revolving credit facility matures March 7, 2030; used to refinance existing debt and for general corporate purposes.
- Interest on term loan at base rate or Term SOFR plus applicable margin; interest coverage covenant of 3.50:1 required quarterly.
- Remainder of senior note repayment funded from cash on hand and commercial paper borrowings.

## SEC filing metadata
- accession: 0001193125-25-049909
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2025-03-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91419/000119312525049909/0001193125-25-049909-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000119312525049909/d936517d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-049909
- JSON: https://secwatch.observer/filing/0001193125-25-049909.json
- Plain text: https://secwatch.observer/filing/0001193125-25-049909.txt

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