Alexander & Baldwin Files 8-K on Material Agreement

Ticker: ALEX · Form: 8-K · Filed: Nov 6, 2025 · CIK: 1545654

Sentiment: neutral

Topics: material-agreement, financial-obligation

Related Tickers: ALEX

TL;DR

A&B signed a big deal, creating a new financial obligation. Details to follow.

AI Summary

Alexander & Baldwin, Inc. filed an 8-K on November 6, 2025, reporting the entry into a material definitive agreement and the creation of a direct financial obligation. The filing also includes Regulation FD disclosures and financial statements/exhibits. Specific details of the agreement and financial obligation are not provided in this summary.

Why It Matters

This filing indicates a significant new agreement and financial commitment for Alexander & Baldwin, Inc., which could impact its financial standing and future operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, suggesting potential financial risks or opportunities that require further investigation.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Alexander & Baldwin, Inc.?

The filing states that Alexander & Baldwin, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the summary information.

What is the direct financial obligation created by Alexander & Baldwin, Inc.?

The 8-K filing indicates the creation of a direct financial obligation by Alexander & Baldwin, Inc., however, the specific terms and amount of this obligation are not detailed in the provided summary.

What is the filing date for this 8-K report?

The filing date for this 8-K report by Alexander & Baldwin, Inc. is November 6, 2025.

What other items are included in this 8-K filing besides the material agreement?

In addition to the material definitive agreement and financial obligation, this 8-K filing includes Regulation FD disclosures and financial statements and exhibits.

What is Alexander & Baldwin, Inc.'s state of incorporation and fiscal year end?

Alexander & Baldwin, Inc. is incorporated in Hawaii and its fiscal year ends on December 31.

Filing Stats: 1,295 words · 5 min read · ~4 pages · Grade level 7.4 · Accepted 2025-11-06 16:45:57

Key Financial Figures

Filing Documents

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. The information set forth under Item 2.03 is incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On November 3, 2025, Alexander & Baldwin, Inc. (the "Company") and its wholly owned subsidiaries, Alexander & Baldwin Investments, LLC, Alexander & Baldwin, LLC, Alexander & Baldwin, LLC, Series R, Alexander & Baldwin, LLC, Series T, and Alexander & Baldwin, LLC, Series M entered into a First Amendment to the 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 the existing $450 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 changes: Creation of a new term loan facility ("Term Loan Facility") that permits the Company to request up to three borrowings through May 3, 2026 with a total available commitment of up to $200 million. Borrowings under the Term Loan Facility must be at least $150 million in the first request which must occur upon closing of the A&B Revolver, while the second and third borrowing must be at least $25 million each, if there is any available commitment remaining after the first and/or second borrowing. Maturity date of November 3, 2030 for all borrowings under the Term Loan Facility. Updated financials-based and ratings-based pricing grids to include the Term Loan Facility applicable rate. Removal of the SOFR Adjustment of 0.10%. The original pricing grids under the Company's Revolving Credit Facility and the amended pricing grids as provided in the A&B Revolver are as follows: Original Pricing Grid : Financials-Based Applicable Rate

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On November 6, 2025, the Company issued a press release announcing the A&B Revolver. This information is being furnished as Exhibit 99.1 to this report.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 10.1 First Amendment to the Fourth Amended and Restated Credit Agreement by and among Alexander & Baldwin, Inc., Alexander & Baldwin Investments, LLC, Alexander & Baldwin, LLC, Alexander & Baldwin, LLC, Series R, Alexander & Baldwin, LLC, Series T, Alexander & 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 November 3 , 2025. 99.1 Press Release issued by Alexander & Baldwin, Inc. on November 6, 2025. 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: November 6, 2025 ALEXANDER & BALDWIN, INC. /s/ Clayton K.Y. Chun Clayton K.Y. Chun Executive Vice President, Chief Financial Officer and Treasurer

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