Capri Holdings Files 8-K Amendment
Ticker: CPRI · Form: 8-K/A · Filed: 2024-08-27T00:00:00.000Z
Sentiment: neutral
Topics: amendment, material-agreement, financial-obligation
TL;DR
Capri Holdings filed an 8-K amendment on Aug 27th regarding a material agreement/obligation from Aug 23rd.
AI Summary
Capri Holdings Ltd. filed an amendment (8-K/A) on August 27, 2024, related to events reported on August 23, 2024. The filing concerns the entry into a material definitive agreement and the creation of a direct financial obligation. Specific details regarding the agreement or obligation are not provided in this excerpt.
Why It Matters
This amendment indicates a significant update to Capri Holdings' material agreements or financial obligations, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Amendments to 8-K filings often signal significant corporate events that could affect stock price, but the lack of specific details in this excerpt makes the precise risk level unclear.
Key Players & Entities
- Capri Holdings Ltd (company) — Registrant
- August 23, 2024 (date) — Earliest event reported date
- August 27, 2024 (date) — Date of Report (Amendment filing date)
- Michael Kors Holdings Ltd (company) — Former company name
FAQ
What specific material definitive agreement is Capri Holdings Ltd amending?
The provided text does not specify the details of the material definitive agreement.
What is the nature of the direct financial obligation or off-balance sheet arrangement mentioned?
The filing excerpt does not provide details on the nature of the financial obligation or arrangement.
What was the original event date being amended?
The earliest event reported date is August 23, 2024.
When was this amendment (8-K/A) filed?
The amendment was filed on August 27, 2024.
What was Capri Holdings Ltd.'s former name?
Capri Holdings Ltd.'s former name was Michael Kors Holdings Ltd.
Filing Stats: 1,122 words · 4 min read · ~4 pages · Grade level 12.4 · Accepted 2024-08-27 16:06:03
Key Financial Figures
- $450 million — , to, among other things, provide for a $450 million senior unsecured delayed draw term loan
Filing Documents
- d888077d8ka.htm (8-K/A) — 30KB
- d888077dex101.htm (EX-10.1) — 1044KB
- g888077g0822095555725.jpg (GRAPHIC) — 3KB
- g888077g0822135137803.jpg (GRAPHIC) — 4KB
- 0001193125-24-207759.txt ( ) — 1462KB
- cpri-20240823.xsd (EX-101.SCH) — 2KB
- cpri-20240823_lab.xml (EX-101.LAB) — 19KB
- cpri-20240823_pre.xml (EX-101.PRE) — 12KB
- d888077d8ka_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 27, 2024 By: /s/ Thomas J. Edwards, Jr. Name: Thomas J. Edwards, Jr. Title: Executive Vice President, Chief Financial Officer and Chief Operating Officer