Lamb Weston Files 8-K for Material Agreement

Ticker: LW · Form: 8-K · Filed: 2024-09-27T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, filing, corporate-update

TL;DR

LW just filed an 8-K for a new material agreement - big stuff happening.

AI Summary

Lamb Weston Holdings, Inc. filed an 8-K on September 27, 2024, reporting the entry into a material definitive agreement and filing financial statements and exhibits. The filing details the company's corporate information, including its address in Eagle, Idaho, and its fiscal year end of May 25.

Why It Matters

This filing indicates a significant new agreement for Lamb Weston, which could impact its future financial performance and operational strategy.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial health and stock performance.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement filed by Lamb Weston Holdings, Inc.?

The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the provided text.

When was this 8-K filing submitted?

The filing was submitted on September 27, 2024.

What is Lamb Weston Holdings, Inc.'s principal executive office address?

The principal executive offices are located at 599 S. Rivershore Lane, Eagle, Idaho 83616.

What is the company's fiscal year end?

Lamb Weston Holdings, Inc.'s fiscal year ends on May 25.

What are the key items reported in this 8-K filing?

The key items reported are the entry into a material definitive agreement and the filing of financial statements and exhibits.

From the Filing

0001679273-24-000067.txt : 20240927 0001679273-24-000067.hdr.sgml : 20240927 20240927165833 ACCESSION NUMBER: 0001679273-24-000067 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 178 CONFORMED PERIOD OF REPORT: 20240927 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240927 DATE AS OF CHANGE: 20240927 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lamb Weston Holdings, Inc. CENTRAL INDEX KEY: 0001679273 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 611797411 FISCAL YEAR END: 0525 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37830 FILM NUMBER: 241335752 BUSINESS ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 BUSINESS PHONE: 208.938.1047 MAIL ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 8-K 1 lw-20240927.htm 8-K lw-20240927 0001679273 FALSE 0001679273 2024-09-27 2024-09-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 27, 2024 _________________________ Lamb Weston Holdings, Inc. (Exact name of registrant as specified in its charter) _________________________ Delaware 1-37830 61-1797411 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 599 S. Rivershore Lane 83616 Eagle , Idaho (Zip Code) (Address of principal executive offices) ( 208 ) 938-1047 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value LW New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company      o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    o Item 1.01 Entry into a Material Definitive Agreement. Term Loan Credit Agreement On September 27, 2024 (the “Closing Date”), Lamb Weston Holdings, Inc. (the “Company”) entered into the First Amendment to Amended and Restated Credit Agreement (the “Amendment”), which amends the Company’s existing Amended and Restated Credit Agreement, dated as of May 3, 2024 (the “Existing Credit Agreement” and, as amended by the Amendment, the “Amended Credit Agreement”), among the Company, as the borrower, the guarantors party thereto, the lenders from time to time party thereto and AgWest Farm Credit, PCA, as administrative agent. The Existing Credit Agreement provided for, among other things, (i) a $300.0 million term loan facility (the “Term A Loan

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