secwatch.observer — SEC 8-K summary
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Issuer:     1 800 FLOWERS COM INC (FLWS)
CIK:        0001084869
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001437749-21-026353
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

1-800-FLOWERS lowers interest margins and LIBOR floor on $Term A-1 loans via credit amendment
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- Second Amendment reduces Applicable Rate margins by 25-50 bps across leverage categories.
- LIBOR floor for Term A-1 loans removed (previously 0.75%); minimum LIBO rate definition amended.
- Interest period for loans now allows a shorter period; no change to overall facility size.
- All existing liens and guarantees reaffirmed; no default or covenant waiver occurred.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1084869/000143774921026353/0001437749-21-026353-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1084869/000143774921026353/flws20211111_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-026353

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