secwatch.observer — SEC 8-K summary
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Issuer:     VALVOLINE INC (VVV)
CIK:        0001674910
Form:       8-K
Filed at:   2024-04-16T23:59:59+00:00
Accession:  0001674910-24-000054
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valvoline completes tender offer for $598.3M of 4.250% Senior Notes due 2030
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- Accepted $598.3M of $600M outstanding 4.250% Senior Notes due 2030, representing 99.72% of tendered notes.
- Settlement occurred April 16, 2024; consideration $1,000 per $1,000 principal plus accrued interest.
- Tender offer made to comply with asset sale covenant under indenture governing the notes.
- Valvoline intends to redeem the remaining outstanding notes not tendered in the offer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1674910/000167491024000054/0001674910-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1674910/000167491024000054/vvv-20240415.htm
  HTML page:      https://secwatch.observer/filing/0001674910-24-000054

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