---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-026726"
form_type: "8-K"
ticker: "KELYA"
cik: "0000055135"
company_name: "KELLY SERVICES INC"
filed_at: "2022-11-10T23:59:59+00:00"
generated_at: "2026-06-22T00:13:09.246555+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Kelly Services amends credit facility; raises restricted payments limit to $115M

## Summary
- Amended $200M revolver on Nov 4, 2022; restricted payments cap raised from $50M to $115M.
- Removed foreign subsidiary borrowers and alternate currency commitments; all loans now USD-only.
- Must grant guarantees and liens for four new entities by Mar 31, 2023 or dissolve/merge them.
- No default occurred; all representations reaffirmed as true and correct.

## SEC filing metadata
- accession: 0001437749-22-026726
- form_type: 8-K
- ticker: KELYA
- cik: 0000055135
- company_name: KELLY SERVICES INC
- filed_at: 2022-11-10T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55135/000143774922026726/0001437749-22-026726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55135/000143774922026726/kelya20221104_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-026726
- JSON: https://secwatch.observer/filing/0001437749-22-026726.json
- Plain text: https://secwatch.observer/filing/0001437749-22-026726.txt

## Key facts
- Material Agreements
  KELLY SERVICES INC amended a credit facility with its lenders valued at $200 million (effective 2022-11-04).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: its lenders
  - Value: $200 million
  - Effective: 2022-11-04
  source text: On November 4, 2022, Kelly Services, Inc. (the “Company”) entered into an agreement with its lenders to amend and restate its existing $200 million, five-year revolving credit facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/55135/000143774922026726/0001437749-22-026726-index.htm

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