secwatch.observer — SEC 8-K summary
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Issuer:     Axalta Coating Systems Ltd. (AXTA)
CIK:        0001616862
Form:       8-K
Filed at:   2023-08-18T23:59:59+00:00
Accession:  0001616862-23-000057
Event type: debt
Sentiment:  positive
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Axalta cuts term loan interest rate spread by 50 bps to 2.50%
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- Thirteenth Amendment to Credit Agreement executed August 18, 2023.
- Interest rate spread on term loan reduced from 3.00% to 2.50% over SOFR.
- Outstanding principal amount and maturity date of term loan unchanged.
- Barclays Bank PLC remains administrative and collateral agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1616862/000161686223000057/0001616862-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1616862/000161686223000057/axta-20230818.htm
  HTML page:      https://secwatch.observer/filing/0001616862-23-000057

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