secwatch.observer — SEC 8-K summary
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Issuer:     Aramark (ARMK)
CIK:        0001584509
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001584509-23-000204
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Aramark subsidiary calls $1.5B of 6.375% notes, conditional on spin-off closure
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- Issuer notifies holders of full redemption of $1.5B 6.375% Senior Notes due 2025.
- Redemption date set for October 2, 2023, at 101.594% of par plus accrued interest.
- Redemption is conditioned on consummation of the spin-off of uniforms and workplace supplies business.
- Issuer may waive condition or delay redemption until spin-off proceeds are sufficient.
- Conditional redemption signals progress toward the planned spin-off transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584509/000158450923000204/0001584509-23-000204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584509/000158450923000204/cik0-20230915.htm
  HTML page:      https://secwatch.observer/filing/0001584509-23-000204

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