General Mills Inc. filed SEC Form 8-K: Creation of a Direct Financial Obligation
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| Item 1.01 | Entry into a Material Definitive Agreement. |
The information set forth in Item 2.03 of this Report is incorporated by reference herein.
| Item 1.02 | Termination of a Material Definitive Agreement. |
On October 9, 2024, General Mills, Inc. (the “Company”) terminated its Five-Year Credit Agreement, dated as of dated as of April 12, 2021, as amended, among the Company, the several financial institutions from time to time party to the agreement, and Bank of America, N.A., as Administrative Agent. The agreement was terminated in connection with the execution of the credit facility identified in Item 2.03 of this Report.
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
On October 9, 2024, the Company entered into a five-year credit facility with an initial aggregate revolving commitment of $2.7 billion.
The terms and conditions of the credit facility are set forth in the Five-Year Credit Agreement, dated as of October 9, 2024 (the “Credit Agreement”), among the Company, the several financial institutions from time-to-time party to the agreement and Bank of America, N.A., as Administrative Agent. The Credit Agreement is filed as Exhibit 10 hereto and is incorporated by reference herein.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 10 | Five-Year Credit Agreement, dated as of October 9, 2024 (the “Credit Agreement”), among the Company, the several financial institutions from time-to-time party to the agreement and Bank of America, N.A., as Administrative Agent. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
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.
Date: October 15, 2024
| GENERAL MILLS, INC. | ||
| By: | /s/ Kofi A. Bruce | |
| Name: | Kofi A. Bruce | |
| Title: | Chief Financial Officer | |