secwatch.observer — SEC 8-K summary
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Issuer:     U. S. Premium Beef, LLC (—)
CIK:        0001289237
Form:       8-K
Filed at:   2023-07-10T23:59:59+00:00
Accession:  0001683168-23-004757
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

US Premium Beef amends promissory note to Daily Simple SOFR plus 2.100% margin with CoBank
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- Amendment dated July 6, 2023 to Amended and Restated Revolving Term Promissory Note with CoBank.
- Interest rate changed to Daily Simple SOFR plus a margin of 2.100% per annum.
- All other terms, representations, and covenants of the original promissory note remain unchanged.
- Amendment reflects transition from LIBOR-based to SOFR-based pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289237/000168316823004757/0001683168-23-004757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289237/000168316823004757/uspremium_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-004757

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