secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001628280-26-015049
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif enters new $1.3B credit facilities, extends maturity to Feb 2031
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- New $800M secured revolver ($725M multicurrency + $75M) and $100M term loan A-1, both maturing Feb 27, 2031.
- New $400M FCS secured term loan also due Feb 27, 2031; used to repay prior facilities.
- Leverage covenant set at 4.00x (step-up to 4.50x for certain acquisitions); interest coverage minimum 3.00x.
- Margin includes sustainability component tied to ESG metrics; collateral may be released upon achieving investment-grade rating.
- Old $1.2B Prior Credit Agreement and Prior FCS Credit Agreement repaid and terminated on Feb 27, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000162828026015049/0001628280-26-015049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000162828026015049/gef-20260305.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-015049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer