secwatch.observer — SEC 8-K summary
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Issuer:     CENTRAL GARDEN & PET CO (CENT)
CIK:        0000887733
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0001193125-25-277476
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Central Garden & Pet enters $600M credit facility, maturing 2030
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- New $600M senior secured asset-based revolving credit facility; accordion allows up to $1B.
- Matures November 7, 2030; no borrowings drawn at closing.
- Interest: SOFR + 1.00%-1.50% margin (1.00% at closing) or Base Rate + 0.00%-0.50%.
- Proceeds for general corporate purposes; $50M L/C sublimit, $75M short-notice borrowing sublimit.
- Replaces prior $600M facility dated December 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/887733/000119312525277476/0001193125-25-277476-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/887733/000119312525277476/d887382d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-277476

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