Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Adient plc amended term loan of $624,000,000 with Bank of America, N.A., as administrative agent and collateral agent at 2.00%, in the case of Term SOFR loans, and 1.00%, in the case of Base Rate loans.
- Instrument
- term loan
- Principal
- $624,000,000
- Counterparty
- Bank of America, N.A., as administrative agent and collateral agent
- Rate
- 2.00%, in the case of Term SOFR loans, and 1.00%, in the case of Base Rate loans
- Event
- amendment
Exact text from the filing
to 2.00%, in the case of Term SOFR loans, and 1.00%, in the case of Base Rate loans. The total loans outstanding under the Credit Agreement as of the Amendment Effective Date of $624,000,000 remained unchanged. The obligations under the Credit Agreement continue to be guaranteed on a secured basis by Parent and certain of its material wholly-owned restricted
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Adient plc amended Amendment with Bank of America, N.A., as administrative agent and collateral agent valued at $624,000,000 (effective 2026-01-15).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent and collateral agent
- Value
- $624,000,000
- Effective
- 2026-01-15
Exact text from the filing
On January 15, 2026 (the “Amendment Effective Date”), Adient US LLC, a Michigan limited liability company (the “Lead Borrower”), Adient Global Holdings S.à.r.l., a private limited liability company ( société à responsabilité limitée ) incorporated under the laws of the Grand Duchy of Luxembourg (together with the Lead Borrower, the “Borrowers” and each, a “Borrower”), Adient plc (“Parent”) and certain of Parent’s other subsidiaries entered into an amendment (the “Amendment”) to the Term Loan Credit Agreement, dated as of May 6, 2019 (as amended prior to the Amendment Effective Date, the “Existing Credit Agreement” and, as amended by the Amendment, the “Credit Agreement”), among the Borrowers, each of the lenders identified therein and Bank of America, N.A., as administrative agent and collateral agent (the “Agent”).
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