secwatch.observer — SEC 8-K summary
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Issuer:     US Foods Holding Corp. (USFD)
CIK:        0001665918
Form:       8-K
Filed at:   2023-06-02T23:59:59+00:00
Accession:  0001387131-23-007170
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Foods amends term loan to replace LIBOR with Term SOFR plus credit spread adjustment
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- Tenth Amendment dated June 1, 2023 replaces LIBOR-based interest rate with Term SOFR.
- Credit spread adjustments: 0.11448% (1-month), 0.26161% (3-month), 0.42826% (6-month) per annum.
- No other material terms of the Credit Agreement were changed.
- Amendment entered between US Foods, Inc. and Citicorp North America, Inc. as administrative agent.
- Existing Eurocurrency Loans continue under LIBOR until end of their current Interest Period, then convert to Term SOFR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1665918/000138713123007170/0001387131-23-007170-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1665918/000138713123007170/usfd-8k_060123.htm
  HTML page:      https://secwatch.observer/filing/0001387131-23-007170

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