Jabil Inc. Enters Material Agreement, New Financial Obligation
Ticker: JBL · Form: 8-K · Filed: Feb 26, 2024 · CIK: 898293
Sentiment: neutral
Topics: debt, agreement, financial-obligation
TL;DR
**Jabil just took on new debt or a big contract, watch for details!**
AI Summary
Jabil Inc. filed an 8-K on February 26, 2024, reporting an event that occurred on February 23, 2024. The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. This suggests Jabil Inc. has undertaken new financial commitments or contractual obligations.
Why It Matters
This filing signals Jabil Inc. has taken on new financial or contractual commitments, which could impact its future financial performance and operational flexibility.
Risk Assessment
Risk Level: medium — The filing indicates new financial obligations or material agreements, the specifics of which are not detailed, introducing an unknown level of risk.
Key Players & Entities
- Jabil Inc. (company) — Registrant
- February 23, 2024 (date) — Date of earliest event reported
- February 26, 2024 (date) — Filing date
- Delaware (company) — State of incorporation for Jabil Inc.
- St. Petersburg, Florida (company) — Principal Executive Offices of Jabil Inc.
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 23, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 26, 2024.
What are the key items reported in this 8-K by Jabil Inc.?
The key items reported are "Entry into a Material Definitive Agreement" and "Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant."
What is Jabil Inc.'s state of incorporation?
Jabil Inc.'s state of incorporation is Delaware.
What is the business address of Jabil Inc. as stated in the filing?
The business address of Jabil Inc. is 10800 Roosevelt Boulevard North, St. Petersburg, Florida 33716.
Filing Stats: 920 words · 4 min read · ~3 pages · Grade level 10.7 · Accepted 2024-02-26 17:20:35
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share JBL New York St
Filing Documents
- d774043d8k.htm (8-K) — 27KB
- d774043dex101.htm (EX-10.1) — 923KB
- 0001193125-24-046332.txt ( ) — 1244KB
- jbl-20240223.xsd (EX-101.SCH) — 3KB
- jbl-20240223_lab.xml (EX-101.LAB) — 17KB
- jbl-20240223_pre.xml (EX-101.PRE) — 11KB
- d774043d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Amendment No. 3 to Credit Agreement dated as of February 23, 2024 among Jabil Inc.; the lenders named therein; Citibank, N.A., as administrative agent; Sumitomo Mitsui Banking Corporation and Citibank, N.A., as sustainability agents; JPMorgan Chase Bank, N.A. and Bank of America, N.A., as co-syndication agents; BNP Paribas, Credit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as documentation agents; and Citibank, N.A., JPMorgan Chase Bank, N.A., BofA Securities, Inc., BNP Paribas Securities Corp., Credit Agricole Corporate and Investment Bank, Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation and U.S. Bank National Association, as joint lead arrangers and joint bookrunners 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document). SIGNATURE 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. JABIL INC. By: /s/ Susan Wagner-Fleming Susan Wagner-Fleming Vice President, Senior Deputy General Counsel and Corporate Secretary Date: February 26, 2024