BellRing Brands Enters Material Agreement, Incurs Financial Obligation
Ticker: BRBR · Form: 8-K · Filed: Aug 25, 2025 · CIK: 1772016
| Field | Detail |
|---|---|
| Company | Bellring Brands, INC. (BRBR) |
| Form Type | 8-K |
| Filed Date | Aug 25, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $250.0 million, $500.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, debt
Related Tickers: BRBR
TL;DR
BRBR inked a big deal, got new debt/obligations. Watch this.
AI Summary
On August 22, 2025, BellRing Brands, Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits related to these events.
Why It Matters
This filing signals a significant new financial commitment or arrangement for BellRing Brands, which could impact its future financial performance and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and incurring financial obligations can introduce new financial risks and operational complexities.
Key Players & Entities
- BellRing Brands, Inc. (company) — Registrant
- August 22, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by BellRing Brands, Inc.?
The filing states that BellRing Brands, Inc. entered into a material definitive agreement on August 22, 2025, but the specific details of the agreement are not provided in this excerpt.
What type of financial obligation has BellRing Brands, Inc. created?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for BellRing Brands, Inc., but the specifics are not detailed in this excerpt.
What is the filing date for this Form 8-K?
This Form 8-K was filed as of August 25, 2025.
What is BellRing Brands, Inc.'s fiscal year end?
BellRing Brands, Inc.'s fiscal year ends on September 30.
What is the principal executive office address for BellRing Brands, Inc.?
The principal executive offices of BellRing Brands, Inc. are located at 2503 S. Hanley Road, St. Louis, Missouri 63144.
Filing Stats: 1,081 words · 4 min read · ~4 pages · Grade level 10.9 · Accepted 2025-08-25 16:16:03
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share BRBR New York Stock
- $250.0 million — ailable under the Credit Agreement from $250.0 million to $500.0 million; extend the schedule
- $500.0 million — Credit Agreement from $250.0 million to $500.0 million; extend the scheduled maturity date fo
Filing Documents
- brbr-20250822.htm (8-K) — 32KB
- brbr-20250822_g1.jpg (GRAPHIC) — 55KB
- 0001772016-25-000140.txt ( ) — 279KB
- brbr-20250822.xsd (EX-101.SCH) — 2KB
- brbr-20250822_lab.xml (EX-101.LAB) — 22KB
- brbr-20250822_pre.xml (EX-101.PRE) — 13KB
- brbr-20250822_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On August 22, 2025, BellRing Brands, Inc. (the "Company") entered into a First Amendment to Credit Agreement (the "Amendment") with JPMorgan Chase Bank, N.A., as administrative agent, each lender (as defined in the Credit Agreement (as defined below)) party thereto and certain of the Company's subsidiaries, as guarantors. The Amendment amends the Company's Credit Agreement, dated as of March 10, 2022 (as amended by the Amendment, the "Credit Agreement") to, among other matters, increase the amount of the revolving credit facility available under the Credit Agreement from $250.0 million to $500.0 million; extend the scheduled maturity date for loans under the revolving credit facility to August 22, 2030, except that the maturity date will be December 14, 2029 if on such date the Company's 7.00% Senior Notes due 2030 have not been redeemed in full in cash or refinanced and replaced in full with notes and/or loans maturing at least 91 days after August 22, 2030; as described in more detail below, reduce the interest rate on borrowings under the revolving credit facility; and broaden certain exceptions to covenants ("baskets") contained in the Credit Agreement that would otherwise restrict certain activities by the Company, such as repurchases by the Company of its common stock. After giving effect to the Amendment, borrowings under the revolving credit facility will accrue interest at an annual rate equal to: (a) in the case of loans denominated in U.S. dollars, at the Company's option, the base rate (as defined in the credit agreement) plus a margin that will initially be 1.00% and thereafter will range from 1.00% to 1.75% depending on the Company's secured net leverage ratio (as defined in the Credit Agreement), or the term SOFR rate (as defined in the Credit Agreement) for the applicable interest period plus a margin that will initially be 2.00% and thereafter will range from 2.00% to 2.75% depending
03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The disclosure under Item 1.01 of this Form 8-K is incorporated into this Item 2.03 by this reference . 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (the cover page iXBRL tags are embedded within the Inline XBRL document) 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 thereunto duly authorized. Date: August 25, 2025 BellRing Brands, Inc. (Registrant) By: /s/ Craig L. Rosenthal Name: Craig L. Rosenthal Title: Chief Legal Officer