secwatch.observer — SEC 8-K summary
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Issuer:     KORN FERRY (KFY)
CIK:        0000056679
Form:       8-K
Filed at:   2026-08-19T20:59:48+00:00
Accession:  0001193125-26-357084
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Korn Ferry enters $600M term loan; redeems $400M notes due 2027
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- Borrowed $600M under new senior secured term loan on Aug 18, 2026; $850M revolver continues, both maturing in 5 years.
- Redeemed all $400M outstanding 4.625% Senior Notes due 2027 at 100% plus accrued interest, funded with term loan proceeds.
- Term loan proceeds also to finance part of pending AMS acquisition purchase price and related fees.
- Interest on term loan is Term SOFR + 1.125%-2.00% or base rate + 0.125%-1.00%, based on leverage ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56679/000119312526357084/0001193125-26-357084-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56679/000119312526357084/d417124d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-357084

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