---
schema_version: "secwatch.filing_event.v1"
accession: "0001387131-23-010109"
form_type: "8-K"
ticker: "USFD"
cik: "0001665918"
company_name: "US Foods Holding Corp."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:37:48.143278+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# US Foods lowers margin on $721.5M term loans to SOFR+2.50%, ABR+1.50%

## Summary
- Amended term loan agreement reduces interest rate spreads to 2.50% over Term SOFR and 1.50% over ABR for $721.5M.
- Issued $721.5M aggregate Repriced Term Loans to refinance all outstanding Incremental B-2021 Term Loans.
- Citibank, N.A. provided $61.5M as New Term Loan Lender; remaining lenders used cashless rollover option.
- Amendment reaffirms existing guarantees and collateral; terms otherwise unchanged from prior credit agreement.
- Effective August 22, 2023; margin reduction applies to term loans due November 22, 2028.

## SEC filing metadata
- accession: 0001387131-23-010109
- form_type: 8-K
- ticker: USFD
- cik: 0001665918
- company_name: US Foods Holding Corp.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1665918/000138713123010109/0001387131-23-010109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1665918/000138713123010109/usfd-8k_082223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001387131-23-010109
- JSON: https://secwatch.observer/filing/0001387131-23-010109.json
- Plain text: https://secwatch.observer/filing/0001387131-23-010109.txt

## Key facts
- Debt Financings
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665918/000138713123010109/0001387131-23-010109-index.htm
- Material Agreements
  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
  source text: 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).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1665918/000138713123010109/0001387131-23-010109-index.htm

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