secwatch.observer — SEC 8-K summary
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Issuer:     WORLD KINECT CORP (WKC)
CIK:        0000789460
Form:       8-K
Filed at:   2022-04-04T23:59:59+00:00
Accession:  0001628280-22-008268
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

World Fuel Services ups credit facility to $2B, extends maturity to April 2027
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- Revolving credit facility increased to $1.5B; new $500M term loan added, total borrowing capacity $2.0B.
- Maturity extended to April 1, 2027; pricing revised to reflect LIBOR discontinuation.
- Financial and other covenants modified to provide greater operating flexibility.
- Joint lead arrangers include Bank of America, JPMorgan, TD Bank, Wells Fargo, and HSBC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789460/000162828022008268/0001628280-22-008268-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789460/000162828022008268/int-20220401.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-008268

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