Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Utz Brands, Inc. amended revolving credit of approximately $225,000,000.
- Instrument
- revolving credit
- Principal
- approximately $225,000,000
- Event
- amendment
Exact text from the filing
The Eighth Amendment amends the Credit Agreement to, among other things, increase the aggregate amount of the revolving credit commitments under the ABL Facility from $175,000,000 to approximately $225,000,000 to align the borrowing capacity under the ABL Facility with the increased size of the borrower parties’ Collateral (as defined in the Credit Agreement), to extend the Maturity Date (as defined in the Credit Agreement), and to make certain other changes to the terms of the ABL Facility.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Utz Brands, Inc. amended Eighth Amendment valued at from $175,000,000 to approximately $225,000,000 (effective 2023-07-20).
- Action
- amendment
- Agreement
- credit facility
- Value
- from $175,000,000 to approximately $225,000,000
- Effective
- 2023-07-20
Exact text from the filing
On July 20, 2023, certain subsidiaries of Utz Brands Inc., entered into Amendment No. 8 (the “Eighth Amendment”) to an asset-based revolving credit facility (the “ABL Facility”) that was made under the terms of that ABL Credit Agreement dated November 21, 2017 (as amended from time to time, the “Credit Agreement”).
View on SEC.gov