Del Monte entered into Amendment No. 3 to its Second Amended and Restated Credit Agreement to boost liquidity and update terms. The amendment increases the aggregate revolving and letter of credit commitments to $900 million each, up from $750 million, removes the 10 basis point SOFR adjustment, and makes conforming administrative and name change updates. Bank of America serves as administrative agent alongside other lenders. The changes are expected to enhance financial flexibility for ongoing operations and strategic needs.
Agreement details:
- Agreement type: Amendment to revolving credit and letter of credit facility
- Counterparty: Bank of America, as administrative agent, and other lenders
- Signed / Effective: Jul 15 2026 / same
- Reason: Increase liquidity and update benchmark and administrative terms
Original SEC Filing:
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