---
schema_version: "secwatch.filing_event.v1"
accession: "0001739566-25-000039"
form_type: "8-K"
ticker: "UTZ"
cik: "0001739566"
company_name: "Utz Brands, Inc."
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:09:54.502090+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Utz Brands refinances $630M term loan; lowers rate, extends maturity to 2032

## Summary
- Refinanced $630.3M in term loans, reducing SOFR spread from +2.75% to +2.50%.
- Maturity extended from January 2028 to January 2032.
- Estimated annual cash interest savings of ~$1.6 million.
- Facility is senior secured first lien; borrower is subsidiary Utz Quality Foods.
- Bank of America acted as administrative agent; BofA Securities as lead arranger.

## SEC filing metadata
- accession: 0001739566-25-000039
- form_type: 8-K
- ticker: UTZ
- cik: 0001739566
- company_name: Utz Brands, Inc.
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1739566/000173956625000039/0001739566-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1739566/000173956625000039/utz-20250129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001739566-25-000039
- JSON: https://secwatch.observer/filing/0001739566-25-000039.json
- Plain text: https://secwatch.observer/filing/0001739566-25-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.