secwatch.observer — SEC 8-K summary
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Issuer:     WOLVERINE WORLD WIDE INC /DE/ (WWW)
CIK:        0000110471
Form:       8-K
Filed at:   2025-09-30T23:59:59+00:00
Accession:  0001628280-25-043230
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Wolverine World Wide reduces credit facility to $600M, extends maturity to 2030
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- Revolving credit facility commitments reduced from $800M to $600M; term loan A eliminated.
- $25.0M in existing term loan A principal refinanced with proceeds of new facility.
- Maturity extended to September 24, 2030; interest based on SOFR plus margin of 1.25%–2.25%.
- Receivables Purchase Agreement termination date extended to September 25, 2028.
- Company states amended facility sufficient to meet ongoing capital needs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110471/000162828025043230/0001628280-25-043230-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110471/000162828025043230/www-20250924.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-043230

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