secwatch.observer — SEC 8-K summary
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Issuer:     Floor & Decor Holdings, Inc. (FND)
CIK:        0001507079
Form:       8-K
Filed at:   2026-06-25T20:38:44+00:00
Accession:  0001628280-26-045555
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Floor & Decor refinances $200M term loan, $800M ABL facility through 2033/2031
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- New $200M term loan secured by fixed assets/IP; SOFR + 2.00% margin; matures June 24, 2033.
- New $800M ABL facility secured by current assets; SOFR + 1.125% margin; matures June 24, 2031.
- Prior term loan (due Feb 2027) and ABL (due Aug 2027) terminated and repaid without penalty.
- ABL includes $200M accordion; term loan has $530M+ incremental feature subject to leverage conditions.
- Transactions extend debt maturities by roughly 6-7 years, maintaining $800M revolving capacity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507079/000162828026045555/0001628280-26-045555-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507079/000162828026045555/fnd-20260624.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-045555

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