secwatch.observer — SEC 8-K summary
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Issuer:     KOHLS Corp (KSS)
CIK:        0000885639
Form:       8-K
Filed at:   2026-07-01T20:39:21+00:00
Accession:  0001193125-26-292702
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kohl's amends credit facility: maturity extended to 2031, pricing grid revised, in-transit inventory basket added
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- Maturity extended by 5 years to June 30, 2031.
- Applicable Margin now 0.25%-0.50% (Base Rate) and 1.25%-1.50% (SOFR) with single 50% availability breakpoint.
- In-transit inventory eligible up to 15% of borrowing base; 0.10% credit spread adjustment removed.
- Availability definition revised to reduce by Debt Maturity Reserve; conditions include minimum $1.3B availability.
- Non-consenting lenders replaced; commitments reallocated among continuing and replacement lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885639/000119312526292702/0001193125-26-292702-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885639/000119312526292702/d152011d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-292702

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