WK Kellogg Co.
12/23/2024 | Press release | Distributed by Public on 12/23/2024 15:17
Material Agreement Form 8 K
| Item 1.01. | Entry into a Material Definitive Agreement. |
On December 17, 2024, WK Kellogg Co (the "Company"), WK Kellogg Canada Corp., a Canadian subsidiary of the Company (together with the Company, collectively, the "Borrowers"), the guarantors and lenders party thereto, and Coöperatieve Rabobank U.A, New York Branch, as administrative agent, entered into a Second Amendment to Credit Agreement (the "Second Amendment") to amend the Credit Agreement, dated as of September 12, 2023 (as previously amended, the "Existing Credit Agreement"), in order to extend the period during which the $250 million delayed draw term loan commitments provided thereunder are available to the Borrowers by an additional 6 months, with a new expiration date for the availability of the delayed draw term loan commitments of June 30, 2025.
Except as provided above, the Second Amendment did not modify any other terms of the Existing Credit Agreement, which remains in full force and effect.
The foregoing summary and description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment to Credit Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.