Bunge Global SA Files 8-K: Material Agreement & Financial Obligations

TL;DR

Bunge Global SA just signed a big deal and has new financial obligations. Keep an eye on their balance sheet.

AI Summary

On December 3, 2024, Bunge Global SA entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits related to these events.

Why It Matters

This filing signals a significant new financial commitment or obligation for Bunge Global SA, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and creating new financial obligations can introduce financial risks and operational changes that warrant close monitoring.

Key Players & Entities

• Bunge Global SA (company) — Registrant
• December 3, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — n which registered Registered Shares, $0.01 par value per share BG New York Stock E

Filing Documents

• bg-20241203.htm (8-K) — 31KB
• a101conformedcopyforxbunge.htm (EX-10.1) — 81KB
• 0001996862-24-000297.txt ( ) — 254KB
• bg-20241203.xsd (EX-101.SCH) — 2KB
• bg-20241203_def.xml (EX-101.DEF) — 3KB
• bg-20241203_lab.xml (EX-101.LAB) — 23KB
• bg-20241203_pre.xml (EX-101.PRE) — 14KB
• bg-20241203_htm.xml (XML) — 3KB

01 Entry into Material Definitive Agreements

Item 1.01 Entry into Material Definitive Agreements Amendment to Existing Securitization Program On December 3, 2024, Bunge Global SA ("Bunge") and certain of its subsidiaries amended Bunge's existing trade receivables securitization program (the "Securitization Program") with Coperatieve Rabobank U.A., as administrative agent, and certain commercial paper conduit purchasers and committed purchasers (the "Purchasers") pursuant to the Twenty-Seventh Amendment to the Receivables Transfer Agreement (the "Twenty-Seventh Amendment to the RTA"). The Twenty-Seventh Amendment to the RTA extended the original termination date of the Eighth Amended and Restated Receivables Transfer Agreement (collectively with the Twenty-Seventh Amendment to the RTA, the "Securitization Program Transaction Documents") by an additional 364 days to December 16, 2025. Other relevant terms and conditions of the Securitization Program Transaction Documents were unchanged by this amendment. The Securitization Program Transaction Documents contain certain customary representations and warranties and affirmative covenants, including a representation as to the eligibility of the receivables being sold, and contain customary termination events and service defaults. Bunge and its subsidiaries are required to repurchase any receivables that are not eligible as represented on the date of sale or become subject to certain non-credit related obligor offsets following sale to the Securitization Program. Apart from such repurchase obligations, any recourse to Bunge and its subsidiaries under the Securitization Program will be limited to Bunge's first loss position as subordinated lender, which will be sized based on the historical performance of Bunge's pool of trade receivables. From time to time, certain of the Purchasers under the Securitization Program and/or their affiliates provide financial services to Bunge and other subsidiaries of Bunge. The foregoing descriptions of the Securitization Pro

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d): Exhibits. Exhibit No. Description 10.1 27th Amendment to Receivables Transfer Agreement, dated December 3, 2024 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: December 5, 2024 BUNGE GLOBAL SA By: /s/Lisa Ware-Alexander Name: Lisa Ware-Alexander Title: Secretary