secwatch.observer — SEC 8-K summary
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Issuer:     LIFETIME BRANDS, INC (LCUT)
CIK:        0000874396
Form:       8-K
Filed at:   2021-12-29T23:59:59+00:00
Accession:  0001628280-21-025662
Event type: other
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifetime Brands amends credit agreement to replace LIBOR with Benchmark Replacement
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- Amendment No. 1 to Credit Agreement dated March 2, 2018, effective December 28, 2021.
- Replaces LIBOR with a Benchmark Replacement for loans in Dollars, Pounds Sterling, and euros.
- Consented to by all Lenders, Borrowers, Guarantors, and JPMorgan Chase as Administrative Agent.
- No changes to loan amounts, maturity, or other financial terms; all other obligations reaffirmed.
- Representations and warranties reaffirmed; no default or event of default exists.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874396/000162828021025662/0001628280-21-025662-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874396/000162828021025662/lcut-20211228.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-025662

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer