---
schema_version: "secwatch.filing_event.v1"
accession: "0001243786-23-000068"
form_type: "8-K"
ticker: "MOS"
cik: "0001285785"
company_name: "MOSAIC CO"
filed_at: "2023-05-10T23:59:59+00:00"
generated_at: "2026-06-15T05:58:54.402016+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Mosaic amends credit agreement to replace LIBOR with SOFR as benchmark rate

## Summary
- First amendment to $2.5B revolving credit facility replaces LIBOR with SOFR as interest rate benchmark.
- Amendment effective May 10, 2023; all lenders and agents party to amendment.
- No changes to total commitments ($2.5B), maturity, or pricing grid; solely a benchmark transition.
- Aligns with industry-wide transition away from LIBOR; no impact on borrowing capacity or cost.

## SEC filing metadata
- accession: 0001243786-23-000068
- form_type: 8-K
- ticker: MOS
- cik: 0001285785
- company_name: MOSAIC CO
- filed_at: 2023-05-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000068/0001243786-23-000068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000068/mos-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001243786-23-000068
- JSON: https://secwatch.observer/filing/0001243786-23-000068.json
- Plain text: https://secwatch.observer/filing/0001243786-23-000068.txt

## Key facts
- Material Agreements
  MOSAIC CO amended Amendment with Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and certain other lenders and L/C Issuers party thereto (effective 2023-05-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and certain other lenders and L/C Issuers party thereto
  - Effective: 2023-05-10
  source text: On May 10, 2023, The Mosaic Company (the “Company”) entered into a first amendment (the “Amendment”) to its Credit Agreement, dated as of August 19, 2021 (as amended, the “Credit Agreement”), among the Company, as borrower, Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer, and certain other lenders and L/C Issuers party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1285785/000124378623000068/0001243786-23-000068-index.htm

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