secwatch.observer — SEC 8-K summary
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Issuer:     Petco Health & Wellness Company, Inc. (WOOF)
CIK:        0001826470
Form:       8-K
Filed at:   2026-01-23T23:59:59+00:00
Accession:  0001193125-26-019795
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Petco prices $600M 8.25% senior secured notes due 2031 to refinance term loan
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- $600M aggregate principal of 8.250% senior secured notes due February 1, 2031.
- Closing expected February 2, 2026, subject to customary conditions.
- Proceeds, with new term loan and cash, to repay existing term loan, pay fees, and for general corporate purposes.
- Notes secured by first-lien on fixed assets and second-lien on current assets.
- Notes offered only to QIBs and non-U.S. persons under Rule 144A/Regulation S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826470/000119312526019795/0001193125-26-019795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826470/000119312526019795/woof-20260122.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-019795

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