Brown Forman Corporation filed SEC Form 8-K: Entry into a Material Definitive Agreement
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
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Item 1.01. Entry into a Material Definitive Agreement
Brown-Forman Corporation (the “Company”) entered into a Second Amended and Restated Five-Year Credit Agreement dated as of May 26, 2023 (as amended, supplemented, or otherwise modified from time to time, the “Credit Agreement”), among Brown-Forman Corporation (“the Company”), the other Borrowing Subsidiaries from time to time party thereto (the Company and the Borrowing Subsidiaries being collectively called the “Borrowers”), the Lenders from time to time party thereto and U.S. Bank National Association, as Administrative Agent; Bank of America, N.A., Barclays Bank PLC, Citibank, N.A, and JPMorgan Chase Bank, N.A., as co-Syndication Agents; The Bank of Nova Scotia, as Documentation Agent; U.S. Bank National Association, BofA Securities, Inc., Barclays Bank PLC, Citibank, N.A., and JPMorgan Chase Bank, N.A, as Joint Lead Arrangers and Joint Bookrunners. The Credit Agreement was previously filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K (File No. 001-00123) filed with the Securities and Exchange Commission on May 30, 2023.
The Credit Agreement was originally due to expire no later than May 26, 2028. Effective April 1, 2025, the lenders agreed to the Company’s request to extend the Credit Agreement for one additional year pursuant to the terms of the Credit Agreement. The Credit Agreement is now scheduled to terminate on May 26, 2029. All other terms and conditions of the Credit Agreement remain in full force and effect.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BROWN-FORMAN CORPORATION | |||||
| (Registrant) | |||||
Date: April 3, 2025 | /s/ Michael E. Carr, Jr. | ||||
| Michael E. Carr, Jr. | |||||
| Executive Vice President, General Counsel and Corporate Secretary | |||||