secwatch.observer — SEC 8-K summary
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Issuer:     KBR, INC. (KBR)
CIK:        0001357615
Form:       8-K
Filed at:   2023-06-08T23:59:59+00:00
Accession:  0001357615-23-000115
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KBR amends credit agreement to replace LIBOR with Term SOFR for Term B facility
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- Amendment No. 9 dated June 6, 2023 replaces LIBOR with Term SOFR for Term B loans.
- SOFR adjustment set at 0.11448% (1-month) and 0.26161% (3-month) interest periods.
- Maturity remains November 18, 2026; all other material terms unchanged.
- Existing Eurocurrency Rate Loans continue until current interest period ends, then convert to Term SOFR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1357615/000135761523000115/0001357615-23-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1357615/000135761523000115/form8k_06062023.htm
  HTML page:      https://secwatch.observer/filing/0001357615-23-000115

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer