---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-145638"
form_type: "8-K"
ticker: "FLO"
cik: "0001128928"
company_name: "FLOWERS FOODS INC"
filed_at: "2026-04-07T23:59:59+00:00"
generated_at: "2026-05-15T06:58:35.958140+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Flowers Foods enters $400M term loan facility to refinance 2026 Notes due Oct 2026

## Summary
- $400M senior unsecured delayed draw term loan facility with a 3-year maturity (from funding date).
- Proceeds, together with cash on hand, to repay $400M 3.500% senior notes due October 2026.
- Interest at SOFR plus 0.875%-2.000% or base rate plus 0.00%-1.000%, based on leverage/debt rating.
- Revolver Amendment extends existing Covenant Holiday (leverage ratio up to 4.00x) through fiscal Q3 2027.
- Term loan and amended revolver both include maximum leverage covenant of 3.75x (4.00x after acquisition).

## SEC filing metadata
- accession: 0001193125-26-145638
- form_type: 8-K
- ticker: FLO
- cik: 0001128928
- company_name: FLOWERS FOODS INC
- filed_at: 2026-04-07T23:59:59+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/1128928/000119312526145638/0001193125-26-145638-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1128928/000119312526145638/d144410d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-145638
- JSON: https://secwatch.observer/filing/0001193125-26-145638.json
- Plain text: https://secwatch.observer/filing/0001193125-26-145638.txt

## Source-grounded claims
- claim_id: b66d521eb1e26d5034af2e40e18c93a86cc0d95d
  claim: FLOWERS FOODS INC incurred term loan of $400.0 million with Wells Fargo Bank, National Association, as administrative agent at SOFR plus an applicable margin ranging from a maximum of 2.000% to a minimum of maturing the third anniversary of the funding date.
  evidence_excerpt: standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 1.01 Entry into a Material Definitive Agreement. In anticipation of the upcoming maturity of its $400 million aggregate principal amount of 3.500% senior notes due in October (the “2026 Notes”), on April 6, 2026, Flowers Foods, Inc., a Georgia corporation (the “Company”), entered into a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312526145638/0001193125-26-145638-index.htm
- claim_id: d707ada406c665afb494a42b65323a0bbc7cd2a4
  claim: FLOWERS FOODS INC entered into Revolver Amendment with Wells Fargo Bank, National Association valued at First Amendment to Credit Agreement extending Covenant Holiday through fiscal quarter ending October (effective 2026-04-06).
  evidence_excerpt: on April 6, 2026, the Company entered into the First Amendment (the “Revolver Amendment”) to the Credit Agreement, dated as of February 5, 2025, with certain financial institutions party thereto as lenders and Wells Fargo Bank, National Association, as administrative agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312526145638/0001193125-26-145638-index.htm
- claim_id: de3e1571a1ae453002da5ef85f64ce158703fb70
  claim: FLOWERS FOODS INC entered into 2026 Term Loan Credit Agreement with Wells Fargo Bank, National Association valued at $400,000,000 senior unsecured delayed draw term loan credit facility (effective 2026-04-06).
  evidence_excerpt: on April 6, 2026, Flowers Foods, Inc., a Georgia corporation (the “Company”), entered into a $400.0 million senior unsecured delayed draw term loan credit facility (the “2026 Term Loan Facility”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1128928/000119312526145638/0001193125-26-145638-index.htm

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