secwatch.observer — SEC 8-K summary
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Issuer:     Aramark (ARMK)
CIK:        0001584509
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001584509-24-000149
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aramark refinances credit facilities with $1.4B revolver and new term loans due 2029
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- New $1.4B revolving credit facility maturing Aug 2029; LC sublimit raised to $500M from $250M.
- New term loans: C$214.6M, €94.1M, $70.7M (US Term A), $90M (US Term A-1), £62M – all due Aug 2029.
- Proceeds refinanced existing Canadian Term A-3, Euro Term A-2, and a portion of revolving loans.
- Interest margins initially 1.625% (1.6576% for GBP SONIA), with step-downs; term loans amortize 1.25% quarterly.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1584509/000158450924000149/0001584509-24-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1584509/000158450924000149/cik0-20240802.htm
  HTML page:      https://secwatch.observer/filing/0001584509-24-000149

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