secwatch.observer — SEC 8-K summary
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Issuer:     GREIF, INC (GEF)
CIK:        0000043920
Form:       8-K
Filed at:   2026-05-14T21:09:59+00:00
Accession:  0001628280-26-035208
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 10.1, 2.04, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Greif replaces $275M receivables facility with new $200M facility; PNC replaces Bank of America
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- Fourth Amended TAA provides $200M receivables facility, down from $275M under Existing TAA with Bank of America.
- Old facility terminated May 11, 2026 with mutual consent; no material early termination penalty.
- New facility matures May 11, 2027, bears interest at SOFR plus margin; variable rate.
- Proceeds used to pay off old facility; remaining for working capital and general corporate purposes.
- Greif guarantees performance of subsidiaries but not collectability of receivables.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/43920/000162828026035208/0001628280-26-035208-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/43920/000162828026035208/gef-20260514.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-035208

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