Alexander & Baldwin Files 8-K
Ticker: ALEX · Form: 8-K · Filed: Oct 21, 2024 · CIK: 1545654
Sentiment: neutral
Topics: 8-K, disclosure
Related Tickers: ALEX
TL;DR
ALEXANDRIA & BALDWIN FILED AN 8-K - CHECK FOR MATERIAL UPDATES
AI Summary
Alexander & Baldwin, Inc. filed an 8-K on October 21, 2024, to report on various events. The filing includes information related to Regulation FD Disclosure, Other Events, and Financial Statements and Exhibits. Specific details regarding the nature of these events or any financial figures were not immediately available in the provided text.
Why It Matters
This filing indicates that Alexander & Baldwin, Inc. is disclosing material information to the public, which could impact investor decisions.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report and does not inherently indicate negative news or significant risk without further details.
Key Players & Entities
- Alexander & Baldwin, Inc. (company) — Registrant
- October 21, 2024 (date) — Date of Report
FAQ
What specific events are being disclosed under Regulation FD?
The provided text does not specify the exact events being disclosed under Regulation FD.
Are there any significant financial updates or exhibits attached to this 8-K?
The filing mentions 'Financial Statements and Exhibits' but does not provide details on their content in the given text.
What is the primary purpose of this 8-K filing for Alexander & Baldwin, Inc.?
The primary purpose is to report on 'Regulation FD Disclosure', 'Other Events', and 'Financial Statements and Exhibits' as of October 21, 2024.
When was Alexander & Baldwin, Inc. incorporated?
Alexander & Baldwin, Inc. was incorporated in Hawaii.
What is the IRS Employer Identification Number for Alexander & Baldwin, Inc.?
The IRS Employer Identification Number for Alexander & Baldwin, Inc. is 45-4849780.
Filing Stats: 695 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-10-21 17:10:06
Key Financial Figures
- $500 million — ed and restated the previously existing $500 million committed revolving credit facility ("R
- $450 m — ases the total revolving commitments to $450 million, Extends the term of the Revolvi
Filing Documents
- alex-20241021.htm (8-K) — 33KB
- fourthamendedandrestatedcr.htm (EX-10.1) — 1346KB
- a2024-10x21xrevolverrecast.htm (EX-99.1) — 5KB
- imagea.jpg (GRAPHIC) — 18KB
- 0001545654-24-000030.txt ( ) — 1719KB
- alex-20241021.xsd (EX-101.SCH) — 2KB
- alex-20241021_lab.xml (EX-101.LAB) — 21KB
- alex-20241021_pre.xml (EX-101.PRE) — 12KB
- alex-20241021_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On October 21, 2024, Alexander & Baldwin, Inc. (the "Company") issued a press release announcing the amendment of its revolving credit facility. This information is being furnished as Exhibit 99.1 to this report.
01 Other Events
Item 8.01 Other Events. On October 17, 2024, the Company and its wholly-owned subsidiaries, Alexander & Baldwin, LLC, Alexander & Baldwin, LLC, Series R, Alexander & Baldwin, LLC, Series T, Alexander & Baldwin, LLC, Series M, and Alexander & Baldwin Investments, LLC entered into a Fourth Amended and Restated Credit Agreement ("A&B Revolver") with Bank of America N.A., as administrative agent, First Hawaiian Bank, KeyBank National Association, Wells Fargo Bank, National Association, and other lenders party thereto, which amended and restated the previously existing $500 million committed revolving credit facility ("Revolving Credit Facility"). The terms of the A&B Revolver are substantially unchanged from the preceding Revolving Credit Facility, with the following notable changes: Decreases the total revolving commitments to $450 million, Extends the term of the Revolving Credit Facility to October 17, 2028, and includes two six-month optional term extensions (April 17, 2029 for the first optional extension and October 17, 2029 for the second optional extension), and Amends certain covenants. The foregoing description of the terms of the A&B Revolver is qualified in its entirety by reference to the A&B Revolver, which is filed as Exhibit 10.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.1 Fourth Amended and Restated Credit Agreement by and among Alexander & Baldwin, Inc., Alexander & Baldwin Investments, LLC, Alexander & Baldwin, LLC , Alexander & Baldwin, LLC, Serie s R, Alexander & Baldwin, LLC , Series T, Alexa nder & Baldwin, LLC, Series M, Bank of America N.A., First Hawaiian Bank, KeyBank National Association, Wells Fargo Bank, National Association, and other lenders party thereto, dated October 17, 2024 . 99.1 Press Release issued by Alexander & Baldwin, Inc. on October 21 , 202 4 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 21, 2024 ALEXANDER & BALDWIN, INC. /s/ Clayton K.Y. Chun Clayton K.Y. Chun Executive Vice President, Chief Financial Officer and Treasurer