---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-030956"
form_type: "8-K"
ticker: "LPX"
cik: "0000060519"
company_name: "LOUISIANA-PACIFIC CORP"
filed_at: "2022-11-29T23:59:59+00:00"
generated_at: "2026-06-21T12:30:08.726440+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# LPX amends credit facility, extends maturity to Nov 2028, releases collateral after investment-grade rating

## Summary
- Second Amended and Restated Credit Agreement entered Nov 29, 2022, replacing June 2019 facility.
- Maturity extended to November 29, 2028; pricing based on EBITDA/Interest ratio.
- Interest rate margins: base rate +0.5%-1.5% or Adjusted Term SOFR +1.5%-2.5%.
- Unused commitment fee 0.2% to 0.425% per annum; collateral released due to Nov 1, 2022 investment-grade rating.
- Transitioned from LIBOR to Term SOFR benchmark; modified negative covenant baskets and thresholds.

## SEC filing metadata
- accession: 0001628280-22-030956
- form_type: 8-K
- ticker: LPX
- cik: 0000060519
- company_name: LOUISIANA-PACIFIC CORP
- filed_at: 2022-11-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/60519/000162828022030956/0001628280-22-030956-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/60519/000162828022030956/lpx-20221129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-030956
- JSON: https://secwatch.observer/filing/0001628280-22-030956.json
- Plain text: https://secwatch.observer/filing/0001628280-22-030956.txt

## Key facts
- Material Agreements
  LOUISIANA-PACIFIC CORP amended Credit Agreement with American AgCredit, PCA (the "Agent"), as Administrative Agent and Sole Lead Arranger, and CoBank, ACB, as letter of credit issuer (effective 2022-11-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: American AgCredit, PCA (the "Agent"), as Administrative Agent and Sole Lead Arranger, and CoBank, ACB, as letter of credit issuer
  - Effective: 2022-11-29
  source text: On November 29, 2022, Louisiana-Pacific Corporation (the “Company”) entered into the Second Amended and Restated Credit Agreement (the “Credit Agreement”) among the Company, as borrower, the guarantors from time-to-time party thereto, American AgCredit, PCA (the “Agent”), as Administrative Agent and Sole Lead Arranger, the lenders from time-to-time party thereto and CoBank, ACB, as letter of credit issuer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/60519/000162828022030956/0001628280-22-030956-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
