secwatch.observer — SEC 8-K summary
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Issuer:     WILLIAMS SONOMA INC (WSM)
CIK:        0000719955
Form:       8-K
Filed at:   2021-10-05T23:59:59+00:00
Accession:  0001628280-21-019684
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Williams-Sonoma extends revolving credit facility maturity to Sept 2026, removes $300M term loan
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- Maturity date extended to September 30, 2026; $300M term loan component removed (fully repaid).
- No revolving loans outstanding as of September 30, 2021; revolver sublimits unchanged ($40M swingline, $75M multicurrency, $75M LCs).
- Interest rate remains prime/LIBOR plus margin based on leverage ratio (0–0.775% for prime; 0.910–1.775% for LIBOR).
- Majority of loan restrictions that were to be released upon leverage ratio below 3.5x removed from the agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/719955/000162828021019684/0001628280-21-019684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/719955/000162828021019684/wsm-20210930.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-019684

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