Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
US Foods Holding Corp. amended term loan with syndicate of lenders at 2.50% for borrowings that bear interest based upon Term SOFR and 1.50% for borro.
- Instrument
- term loan
- Counterparty
- syndicate of lenders
- Rate
- 2.50% for borrowings that bear interest based upon Term SOFR and 1.50% for borro
- Event
- amendment
Exact text from the filing
On August 22, 2023 US Foods, Inc. (“US Foods”) entered into an amendment (the “Eleventh Amendment”) to its term loan credit agreement (as so amended, the “Credit Agreement”) with a syndicate of lenders to lower the interest rate margins on the class of term loans thereunder scheduled to mature on November 22, 2028 to 2.50% for borrowings that bear interest based upon Term SOFR (as defined in the Credit Agreement) and 1.50% for borrowings that bear interest based upon ABR (as defined in the Credit Agreement).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
US Foods Holding Corp. amended Eleventh Amendment with a syndicate of lenders (effective 2023-08-22).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- a syndicate of lenders
- Effective
- 2023-08-22
Exact text from the filing
On August 22, 2023 US Foods, Inc. (“US Foods”) entered into an amendment (the “Eleventh Amendment”) to its term loan credit agreement (as so amended, the “Credit Agreement”) with a syndicate of lenders to lower the interest rate margins on the class of term loans thereunder scheduled to mature on November 22, 2028 to 2.50% for borrowings that bear interest based upon Term SOFR (as defined in the Credit Agreement) and 1.50% for borrowings that bear interest based upon ABR (as defined in the Credit Agreement).
View on SEC.gov