Lancaster Colony Corp Files 8-K on Agreements
Ticker: MZTI · Form: 8-K · Filed: Mar 8, 2024 · CIK: 57515
Sentiment: neutral
Topics: material-agreement, financial-obligation, agreement-termination
Related Tickers: LANC
TL;DR
LANC signed and terminated a material agreement on 3/6/24. Details TBD.
AI Summary
Lancaster Colony Corporation (LANC) entered into a Material Definitive Agreement on March 6, 2024, related to a direct financial obligation. The company also terminated a Material Definitive Agreement on the same date. Specific details regarding the nature of these agreements and their financial implications were not fully disclosed in this initial filing.
Why It Matters
This filing indicates significant changes in the company's contractual and financial obligations, which could impact its future financial performance and operational structure.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and financial obligations, suggesting potential impacts on the company's financial health and operations.
Key Players & Entities
- Lancaster Colony Corporation (company) — Registrant
- Ohio (location) — State of incorporation
- March 6, 2024 (date) — Date of earliest event reported
FAQ
What was the nature of the Material Definitive Agreement entered into by Lancaster Colony Corporation on March 6, 2024?
The filing states that Lancaster Colony Corporation entered into a Material Definitive Agreement on March 6, 2024, which also created a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement. Specific details of the agreement were not provided in this report.
What was the reason for the termination of a Material Definitive Agreement by Lancaster Colony Corporation on March 6, 2024?
The filing indicates that Lancaster Colony Corporation terminated a Material Definitive Agreement on March 6, 2024. The specific reasons for this termination are not detailed in the provided document.
What is Lancaster Colony Corporation's fiscal year end?
Lancaster Colony Corporation's fiscal year ends on June 30.
Where is Lancaster Colony Corporation's principal executive office located?
Lancaster Colony Corporation's principal executive offices are located at 380 Polaris Parkway, Suite 400, Westerville, Ohio, 43082.
What is the Commission File Number for Lancaster Colony Corporation?
The Commission File Number for Lancaster Colony Corporation is 000-04065.
Filing Stats: 972 words · 4 min read · ~3 pages · Grade level 11.5 · Accepted 2024-03-08 16:52:56
Key Financial Figures
- $150 million — tion (the "Company") entered into a new $150 million credit agreement (the "New Credit Agree
- $225 million — expand the total credit availability to $225 million based on consent of the issuing banks a
Filing Documents
- d801763d8k.htm (8-K) — 33KB
- d801763dex101.htm (EX-10.1) — 648KB
- 0001193125-24-063742.txt ( ) — 954KB
- lanc-20240306.xsd (EX-101.SCH) — 3KB
- lanc-20240306_lab.xml (EX-101.LAB) — 18KB
- lanc-20240306_pre.xml (EX-101.PRE) — 11KB
- d801763d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Credit Agreement dated as of March 6, 2024 among Lancaster Colony Corporation, the Lenders, The Huntington National Bank as Syndication Agent and JPMorgan Chase Bank, N.A. as Administrative Agent 104 Cover Page Interactive Data File (embedded with the Inline XBRL document) * Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The registrant hereby undertakes to furnish copies of any of the omitted schedules or exhibits upon request of the U.S. Securities and Exchange Commission. 3
SIGNATURES
SIGNATURES 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. Lancaster Colony Corporation Date: March 8, 2024 By: /s/ Thomas K. Pigott Thomas K. Pigott Vice President, Chief Financial Officer and Assistant Secretary (Principal Financial and Accounting Officer) 4