secwatch / observer
8-K filed September 25, 2023, 7:59 PM ET ticker USFD CIK 0001665918
debt confidence high sentiment neutral materiality 0.60

US Foods Holding Corp. (USFD): debt financing — US Foods closes $1B notes offering to refinance 2025 secured notes

US Foods Holding Corp.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.95

US Foods Holding Corp. incurred senior notes of $500 million aggregate principal amount of its 6.875% Senior Notes due 2028 and $500 million aggregate principal amount with Wilmington Trust, National Association (as trustee) at 6.875% per year for 2028 Notes and 7.250% per year for 2032 Notes maturing 2028 Notes mature on September 15, 2028; 2032 Notes mature on September 15, 2032.

Instrument
senior notes
Principal
$500 million aggregate principal amount of its 6.875% Senior Notes due 2028 and $500 million aggregate principal amount
Counterparty
Wilmington Trust, National Association (as trustee)
Rate
6.875% per year for 2028 Notes and 7.250% per year for 2032 Notes
Maturity
2028 Notes mature on September 15, 2028; 2032 Notes mature on September 15, 2032
Event
incurrence
Exact text from the filing
On September 25, 2023, US Foods Holding Corp. (“US Foods,” “we,” “our,” or “us”) completed its previously announced private offering (the “Offering”) of $500 million aggregate principal amount of its 6.875% Senior Notes due 2028 and $500 million aggregate principal amount of its 7.250% Senior Notes due 2032
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

US Foods Holding Corp. entered into 2032 Indenture with Wilmington Trust, National Association valued at $500 million aggregate principal amount (effective 2023-09-25).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$500 million aggregate principal amount
Effective
2023-09-25
Exact text from the filing
On September 25, 2023, US Foods Holding Corp. (“US Foods,” “we,” “our,” or “us”) completed its previously announced private offering (the “Offering”) of $500 million aggregate principal amount of its 6.875% Senior Notes due 2028 and $500 million aggregate principal amount of its 7.250% Senior Notes due 2032 (the “2032 Notes” and, together with the 2028 Notes, the “Notes”) by its direct, wholly-owned subsidiary, US Foods, Inc. (the “Company”), in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

US Foods Holding Corp. entered into 2028 Indenture with Wilmington Trust, National Association valued at $500 million aggregate principal amount (effective 2023-09-25).

Action
entry
Agreement
notes offering
Counterparty
Wilmington Trust, National Association
Value
$500 million aggregate principal amount
Effective
2023-09-25
Exact text from the filing
On September 25, 2023, US Foods Holding Corp. (“US Foods,” “we,” “our,” or “us”) completed its previously announced private offering (the “Offering”) of $500 million aggregate principal amount of its 6.875% Senior Notes due 2028 and $500 million aggregate principal amount of its 7.250% Senior Notes due 2032 (the “2032 Notes” and, together with the 2028 Notes, the “Notes”) by its direct, wholly-owned subsidiary, US Foods, Inc. (the “Company”), in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”).
View on SEC.gov

Browse all debt financings →

US Foods Holding Corp. filing history →

Source: SEC EDGAR
accession 0001387131-23-011525
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.