---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-021634"
form_type: "8-K"
ticker: "LCUT"
cik: "0000874396"
company_name: "LIFETIME BRANDS, INC"
filed_at: "2023-06-09T23:59:59+00:00"
generated_at: "2026-06-14T04:28:49.801105+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Lifetime Brands repurchases $47.2M of term loan at 95% of par; estimated gain $2.4M

## Summary
- Completed repurchase of $47.2M in principal of senior secured term loan at 95% of par value.
- Outstanding principal now $198.7M; term loan matures February 28, 2025.
- Estimated gain of $2.4M before fees and expenses; funded from available cash.
- Repurchase executed via reverse Dutch auction per terms of loan agreement.

## SEC filing metadata
- accession: 0001628280-23-021634
- form_type: 8-K
- ticker: LCUT
- cik: 0000874396
- company_name: LIFETIME BRANDS, INC
- filed_at: 2023-06-09T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/874396/000162828023021634/0001628280-23-021634-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/874396/000162828023021634/lcut-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-021634
- JSON: https://secwatch.observer/filing/0001628280-23-021634.json
- Plain text: https://secwatch.observer/filing/0001628280-23-021634.txt

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