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8-K filed December 26, 2023, 6:59 PM ET ticker NDLS CIK 0001275158
debt confidence high sentiment neutral materiality 0.60

Noodles & Company amends credit agreement; rates increase, leverage covenant eased through 2025

NOODLES & Co

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

NOODLES & Co amended Amended and Restated Credit Agreement with U.S. Bank National Association valued at Increased applicable rate ranges, amended fixed charge coverage ratio, added capital expenditure cov (effective 2023-12-21).

Action
amendment
Agreement
credit facility
Counterparty
U.S. Bank National Association
Value
Increased applicable rate ranges, amended fixed charge coverage ratio, added capital expenditure cov
Effective
2023-12-21
Exact text from the filing
On December 21, 2023, Noodles & Company (the “Company”) amended its Amended and Restated Credit Agreement, dated as of July 27, 2022 (as further amended, restated, extended, supplemented, modified and otherwise in effect from time to time, the “Credit Agreement”), by and among the Company, as Borrower (as defined in the Credit Agreement), each other Loan Party (as defined in the Credit Agreement) party thereto, each lender from time to time party thereto, and U.S. Bank National Association, as Administrative Agent, L/C Issuer and Swing Line Lender (each as defined in the Credit Agreement), by entering into that certain First Amendment to Amended and Restated Credit Agreement (the “Amendment”), by and among the Company, the other Loan Parties signatory thereto, the lenders signatory thereto and U.S. Bank National Association, as the Administrative Agent, L/C Issuer and Swing Line Lender.
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Source: SEC EDGAR
accession 0001275158-23-000100
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