---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-005129"
form_type: "8-K"
ticker: "SFD"
cik: "0000091388"
company_name: "SMITHFIELD FOODS INC"
filed_at: "2025-02-12T23:59:59+00:00"
generated_at: "2026-05-26T23:11:46.383656+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Smithfield enters new $2.1B revolving credit facility maturing 2030

## Summary
- New $2.1B senior unsecured revolving credit facility refinances prior credit agreement; matures Feb 12, 2030 with two one-year extension options.
- Pricing grid based on S&P/Moody's/Fitch ratings; spreads range from 0.875% (SOFR) at A-/A3 to 1.500% at BB+/Ba1.
- Includes $250M foreign currency subfacility and $200M letter of credit subfacility.
- Financial covenants: max debt to capitalization 50% (55% after material acquisitions), min interest coverage ratio 3.50x.
- Subsidiary guarantees on existing senior unsecured notes automatically released upon termination of prior facility.

## SEC filing metadata
- accession: 0001628280-25-005129
- form_type: 8-K
- ticker: SFD
- cik: 0000091388
- company_name: SMITHFIELD FOODS INC
- filed_at: 2025-02-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91388/000162828025005129/0001628280-25-005129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91388/000162828025005129/sfd-20250212.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-005129
- JSON: https://secwatch.observer/filing/0001628280-25-005129.json
- Plain text: https://secwatch.observer/filing/0001628280-25-005129.txt

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