---
schema_version: "secwatch.filing_event.v1"
accession: "0001871509-25-000009"
form_type: "8-K"
ticker: "PTLO"
cik: "0001871509"
company_name: "Portillo's Inc."
filed_at: "2025-01-27T23:59:59+00:00"
generated_at: "2026-05-27T09:29:35.904988+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Portillo's enters $400M credit facility amendment; $250M term loan A and $150M revolver

## Summary
- New $250M term loan A facility and $150M revolving credit facility, both maturing January 27, 2030.
- Proceeds used to refinance existing credit agreement and for general corporate purposes.
- Interest rates based on SOFR plus spread of 2.00%-2.75% or base rate plus 1.00%-1.75%, dependent on leverage.
- Principal amortization: 2.5% per year in first two years, 5% in years 3-4, 10% in year 5, with balance at maturity.
- Facilities secured by substantially all assets of Portillo's and its guarantors; lenders include Fifth Third Bank, BofA, MUFG, Wells Fargo.

## SEC filing metadata
- accession: 0001871509-25-000009
- form_type: 8-K
- ticker: PTLO
- cik: 0001871509
- company_name: Portillo's Inc.
- filed_at: 2025-01-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1871509/000187150925000009/0001871509-25-000009-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1871509/000187150925000009/ptlo-20250127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001871509-25-000009
- JSON: https://secwatch.observer/filing/0001871509-25-000009.json
- Plain text: https://secwatch.observer/filing/0001871509-25-000009.txt

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