---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-420470"
form_type: "8-K"
ticker: "UVV"
cik: "0000102037"
company_name: "UNIVERSAL CORP /VA/"
filed_at: "2026-10-13T20:23:22+00:00"
generated_at: "2026-10-13T20:24:04.908806+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Universal Corp raises credit-agreement max Total Net Leverage Ratio to 3.75x through Dec 2026

## Summary
- Amendment No. 1, dated Oct 9, 2026, lifts the maximum Total Net Leverage Ratio to 3.75:1.00 for the fiscal quarters ending Sept 30, 2026 and Dec 31, 2026, up from 3.00:1.00.
- Covenant steps down to 3.25:1.00 for the quarter ending March 31, 2027, then returns to 3.00:1.00 for the quarter ending June 30, 2027 and thereafter.
- Amendment is effective as of Sept 30, 2026 and applies to the Credit Agreement dated Dec 9, 2025 with JPMorgan Chase Bank, N.A. as Administrative Agent.
- Lenders returning executed signature pages by the agent's deadline receive a consent fee; Truist Bank and AgFirst Farm Credit Bank act as Co-Syndication Agents.
- Borrower represents no Default or Event of Default exists; all other terms of the Credit Agreement remain in full force and effect.

## SEC filing metadata
- accession: 0001193125-26-420470
- form_type: 8-K
- ticker: UVV
- cik: 0000102037
- company_name: UNIVERSAL CORP /VA/
- filed_at: 2026-10-13T20:23:22+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/102037/000119312526420470/0001193125-26-420470-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/102037/000119312526420470/d85320d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-420470
- JSON: https://secwatch.observer/filing/0001193125-26-420470.json
- Plain text: https://secwatch.observer/filing/0001193125-26-420470.txt

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