MATSON, INC. : conclusion of a material definitive agreement, creation of a direct financial obligation or obligation under an off-balance sheet arrangement of a holder, financial statements and exhibits (Form 8-K)
Article 1.01. Entry into an important final agreement.
Amendment to Credit Agreement
The credit agreement has a term of five years and provides for loan commitments to the Company at the closing date for a total amount of
that were added in
The foregoing description is qualified in its entirety by the terms and conditions set forth in the Credit Agreement, a copy of which is filed as Exhibit 10.1 of this current report on Form 8-K and is incorporated herein by reference.
Changes to existing private placement facilities
The NPA 2021 amendments provide for changes to certain covenants and other conditions, including (i) the elimination of the leverage relief period and the associated quarterly interest subsidy payments that have been added in
The foregoing description is subject in its entirety to the terms and conditions set forth in the Amendments to NPA 2021, copies of which are filed as Exhibits 10.2 through 10.3 of this current report on Form 8-K and are 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 out in section 1.01 hereof is incorporated in its entirety in section 2.03 by reference.
Item 9.01 Financial statements and supporting documents.
(d) Exhibits. 10.1 Second Amended and Restated Credit Agreement among
Matson, Inc., Bank of America, N.A. as the Agent, and the lenders thereto, dated as of March 31, 2021. 10.2 Amendment to Third Amended and Restated Note Purchase Agreement and Private Shelf Agreement, dated as of March 31, 2021. 10.3 Amendment to Note Purchase Agreement dated December 21, 2016, dated as of March 31, 2021. 104 Cover Page Interactive Data File (formatted in Inline XBRL and included as Exhibit 101). 3
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