Mosaic Co. Enters Amended Credit Agreement

TL;DR

Mosaic just updated its credit agreement, likely affecting its debt.

AI Summary

On May 16, 2025, The Mosaic Company entered into a material definitive agreement, specifically an amended and restated credit agreement. This agreement creates a direct financial obligation for the registrant, indicating a new or modified debt arrangement.

Why It Matters

This filing indicates a change in Mosaic's debt structure, which could impact its financial leverage and borrowing capacity.

Risk Assessment

Risk Level: low — Entering into a credit agreement is a standard financial activity for a company and doesn't inherently signal distress.

Key Players & Entities

• THE MOSAIC COMPANY (company) — Registrant
• May 16, 2025 (date) — Date of earliest event reported
• 101 East Kennedy Blvd. Suite 2500 Tampa, FL 33602 (address) — Principal executive offices

FAQ

From the Filing

0001628280-25-027098.txt : 20250521 0001628280-25-027098.hdr.sgml : 20250521 20250521163022 ACCESSION NUMBER: 0001628280-25-027098 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250516 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250521 DATE AS OF CHANGE: 20250521 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOSAIC CO CENTRAL INDEX KEY: 0001285785 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE CHEMICALS [2870] ORGANIZATION NAME: 08 Industrial Applications and Services EIN: 201026454 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32327 FILM NUMBER: 25973546 BUSINESS ADDRESS: STREET 1: 101 EAST KENNEDY BLVD. STREET 2: SUITE 2500 CITY: TAMPA STATE: FL ZIP: 33602 BUSINESS PHONE: 813-775-4200 MAIL ADDRESS: STREET 1: 101 EAST KENNEDY BLVD. STREET 2: SUITE 2500 CITY: TAMPA STATE: FL ZIP: 33602 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL NUTRITION SOLUTIONS INC DATE OF NAME CHANGE: 20040401 8-K 1 ax2025amendedandrestatedcr.htm 8-K Document 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): May 16, 2025   THE MOSAIC COMPANY (Exact name of registrant as specified in its charter)     DE 001-32327 20-1026454 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 101 East Kennedy Blvd. 33602 Suite 2500 Tampa, FL (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (800) 918-8270 Not applicable (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 (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ 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, par value $0.01 per share MOS NYSE Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934. ☐ Emerging growth company 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.   ¨ Item 1.01. Entry into a Material Definitive Agreement. On May 16, 2025 (the “Effective Date”), The Mosaic Company (“Mosaic”) entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”) with Bank of America, N.A., as administrative agent, and the lenders party thereto, pursuant to which Mosaic’s existing Credit Agreement, dated as of August 19, 2021 (as amended by that certain First Amendment to Credit Agreement, dated as of May 10, 2023 and as further amended prior to the Effective Date, the “Existing Credit Agreement”) was amended and restated in its entirety. The information set forth in Item 2.03 of t