Capri Holdings Ltd. Files 8-K: Material Agreement & Financials
Ticker: CPRI · Form: 8-K · Filed: 2024-08-23T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, financial-obligation, company-name-change
Related Tickers: CPRI
TL;DR
Capri Holdings (CPRI) filed an 8-K for a material definitive agreement and financial statements.
AI Summary
Capri Holdings Ltd. entered into a material definitive agreement on August 23, 2024, related to a financial obligation. The filing also includes financial statements and exhibits. Capri Holdings Ltd. was formerly known as Michael Kors Holdings Ltd.
Why It Matters
This 8-K filing indicates a significant financial event or agreement for Capri Holdings Ltd., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial statement filings can signal significant business developments or obligations that may affect a company's financial health.
Key Players & Entities
- Capri Holdings Ltd (company) — Registrant
- Michael Kors Holdings Ltd (company) — Former Company Name
- August 23, 2024 (date) — Date of Report
FAQ
What is the nature of the material definitive agreement entered into by Capri Holdings Ltd. on August 23, 2024?
The filing indicates an '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', but the specific details of the agreement are not provided in this excerpt.
What financial statements and exhibits are included in this 8-K filing?
The filing explicitly states 'Financial Statements and Exhibits' as an item information, indicating their inclusion, though the content is not detailed in the provided text.
When did Capri Holdings Ltd. change its name from Michael Kors Holdings Ltd.?
The filing states the 'DATE OF NAME CHANGE' from Michael Kors Holdings Ltd. to Capri Holdings Ltd. was '20110920'.
What is Capri Holdings Ltd.'s principal executive office address?
Capri Holdings Ltd.'s principal executive offices are located at 90 Whitfield Street, 2nd Floor, London, United Kingdom, W1T 4EZ.
What is the SEC file number for Capri Holdings Ltd.?
The SEC file number for Capri Holdings Ltd. is 001-35368.
Filing Stats: 1,066 words · 4 min read · ~4 pages · Grade level 12.6 · Accepted 2024-08-23 16:15:29
Key Financial Figures
- $450 million — , to, among other things, provide for a $450 million senior unsecured delayed draw term loan
Filing Documents
- d227201d8k.htm (8-K) — 29KB
- d227201dex101.htm (EX-10.1) — 1030KB
- g227201g0822095555725.jpg (GRAPHIC) — 3KB
- g227201g0822135137803.jpg (GRAPHIC) — 4KB
- 0001193125-24-206186.txt ( ) — 1441KB
- cpri-20240823.xsd (EX-101.SCH) — 2KB
- cpri-20240823_lab.xml (EX-101.LAB) — 18KB
- cpri-20240823_pre.xml (EX-101.PRE) — 11KB
- d227201d8k_htm.xml (XML) — 4KB
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. 10.1 First Incremental Term Loan Amendment dated as of August 23, 2024 to Revolving Credit Agreement, dated as of July 1, 2022 among Capri Holdings Limited, Michael Kors (USA), Inc., the foreign subsidiary borrowers party thereto, the guarantors party thereto, the financial institutions party thereto as lenders and issuing banks and JPMorgan Chase Bank, N.A., as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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, thereunto duly authorized. CAPRI HOLDINGS LIMITED Date: August 23, 2024 By: /s/ Thomas J. Edwards, Jr. Name: Thomas J. Edwards, Jr. Title: Executive Vice President, Chief Financial Officer and Chief Operating Officer