secwatch / observer
8-K filed December 20, 2022, 6:59 PM ET ticker AXTA CIK 0001616862
debt confidence high sentiment neutral materiality 0.60

Axalta refinances with new $2.0B term loan due Dec 2029 at SOFR+300bps

Axalta Coating Systems Ltd.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Axalta Coating Systems Ltd. amended Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement with Barclays Bank PLC, as administrative agent and collateral agent valued at $2.0 billion (effective 2022-12-20).

Action
amendment
Agreement
credit facility
Counterparty
Barclays Bank PLC, as administrative agent and collateral agent
Value
$2.0 billion
Effective
2022-12-20
Exact text from the filing
On December 20, 2022, Axalta Coating Systems Ltd. (the “Company”), Axalta Coating Systems Dutch Holding B B.V. and Axalta Coating Systems U.S. Holdings, Inc. (together, the “Borrowers”), Axalta Coating Systems U.S., Inc., certain subsidiaries of the Company party thereto as guarantors, certain lenders party thereto and Barclays Bank PLC, as administrative agent and collateral agent, entered into the Eleventh Amendment to Credit Agreement and First Amendment to Amended and Restated Guaranty Agreement (“Amendment No. 11”), which amended that certain Credit Agreement, dated as of February 1, 2013, among the Borrowers, the guarantors party thereto, the lenders from time to time party thereto and Barclays Bank PLC, as administrative agent and collateral agent (as amended, the “Credit Agreement”).
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Axalta Coating Systems Ltd. filing history →

Source: SEC EDGAR
accession 0001616862-22-000056
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