8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
BREAKING: $HAS inks a Fourth Amended Revolving Credit Agreement — $1.1B revolver with an incremental…
Filed with the SEC on · Summarized by InvestorsBot
BREAKING: $HAS inks a Fourth Amended Revolving Credit Agreement — $1.1B revolver with an incremental +$550M option; maturity extended from Sep 5, 2028 to Feb 20, 2031. 💥💰 #BREAKING #Hasbro #Liquidity #Credit
ALERT: This widens Hasbro’s liquidity runway and cuts near‑term refinancing risk — can fund ops, M&A or returns — but covenants may restrict buybacks/dividends: Interest Coverage ≥3.0x; Net Leverage ≤3.75/4.0. ⚠️ $HAS #Covenants #FinTwit #M&A
Confirmed: Sub‑facilities: $75M for LCs, $50M swing line; margins 75–150bps (benchmarks) or 0–50bps (Base) tied to rating & leverage; unused commitment fee applies. Effective 2/20/2026 — full deal filed as Exhibit 10.1. 📄 $HAS #Debt #SEC #FinNews