---
schema_version: "secwatch.filing_event.v1"
accession: "0001504337-22-000032"
form_type: "8-K"
ticker: "CLW"
cik: "0001441236"
company_name: "Clearwater Paper Corp"
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T01:04:07.783853+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Clearwater Paper increases ABL facility to $275M, extends maturity to Nov 7, 2027

## Summary
- ABL credit facility maximum commitment increased from $250M to $275M.
- Maturity date extended from 2024 to November 7, 2027.
- LIBOR replaced with SOFR-based rate as benchmark for floating-rate loans.
- Amendment dated November 7, 2022, with JPMorgan as administrative agent.

## SEC filing metadata
- accession: 0001504337-22-000032
- form_type: 8-K
- ticker: CLW
- cik: 0001441236
- company_name: Clearwater Paper Corp
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1441236/000150433722000032/0001504337-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1441236/000150433722000032/clw-20221107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001504337-22-000032
- JSON: https://secwatch.observer/filing/0001504337-22-000032.json
- Plain text: https://secwatch.observer/filing/0001504337-22-000032.txt

## Key facts
- Debt Financings
  Clearwater Paper Corp amended revolving credit of from $250 million to $275 million with JPMorgan Chase Bank, N.A., as administrative agent at replace LIBOR with a SOFR-based rate maturing extended to November 7, 2027.
  - Instrument: revolving credit
  - Principal: from $250 million to $275 million
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: replace LIBOR with a SOFR-based rate
  - Maturity: extended to November 7, 2027
  - Event: amendment
  source text: the maximum commitment of the lenders (subject to borrowing base limitations) under the ABL Credit Agreement was increased from $250 million to $275 million, the maturity date was extended to November 7, 2027 and provisions were added to replace LIBOR with a SOFR-based rate as one of the benchmark rates at which loans under the ABL Credit Agreement may bear interest.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441236/000150433722000032/0001504337-22-000032-index.htm
- Material Agreements
  Clearwater Paper Corp amended ABL Credit Agreement with JPMorgan Chase Bank, N.A. valued at from $250 million to $275 million (effective 2022-11-07).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Value: from $250 million to $275 million
  - Effective: 2022-11-07
  source text: On November 7, 2022, Clearwater Paper Corporation, a Delaware corporation (the “Company”) entered into an amendment (the “Amendment”) to its ABL Credit Agreement dated July 26, 2019, among the Company, as borrower, the several lenders from time to time parties thereto and JPMorgan Chase Bank, N.A., as administrative agent (as amended, the “ABL Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1441236/000150433722000032/0001504337-22-000032-index.htm

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