WK Kellogg Co filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation, Financial Statements and Exhibits
$KLG
Packaged Foods
Consumer Staples
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 17, 2024
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| 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.
| Item 2.03. | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. | ||||
The information set forth under Item 1.01 is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. | ||||
(d) | Exhibits | ||||
Second Amendment to Credit Agreement, dated as of December 17, 2024, by and among WK Kellogg Co, WK Kellogg Canada Corp., the guarantors and lenders party thereto and Coöperatieve Rabobank U.A, as administrative agent. | |||||
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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.
| WK KELLOGG CO | |||||||||||||||||
| Date: December 19, 2024 | |||||||||||||||||
By: /s/ David McKinstray | |||||||||||||||||
Name: David McKinstray | |||||||||||||||||
Title: Chief Financial Officer | |||||||||||||||||