EDGEWELL PERSONAL CARE COMPANY (NYSE:EPC) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
Edgewell Personal Care Brands, LLC (Brands) entered into (i)
Amendment No. 3 to Credit Agreement (the Amendment), amending
Edgewells Credit Agreement dated as of June 1, 2015 (as amended,
the Credit Agreement), by and among Edgewell, Brands, JPMorgan
Chase Bank, N.A., as administrative agent, Bank of America, N.A.,
as syndication agent, and the various lenders who are a party
thereto, and (ii) an Increasing Lender Supplement to the Credit
Agreement (the Supplement). The Amendment and the Supplement
increased the amount of the revolving credit facility available
to Edgewell and Brands under the Credit Agreement by an
additional $75,000,000 to a total aggregate revolving facility of
$725,000,000, and made certain other changes to the Credit
Agreement, including allowing Edgewell to enter into receivables
sales facilities for up to $150,000,000 of receivables.
affiliates have or may have had various relationships with
Edgewell and its subsidiaries involving the provision of a
variety of financial services, including investment banking,
underwriting, commercial banking and letters of credit, for which
the lenders and/or affiliates receive customary fees and, in some
cases, out-of-pocket expenses.
does not purport to be complete and is qualified in its entirety
by reference to the complete text of the Amendment and the
Supplement, copies of which are attached to this 8-K as Exhibits
and incorporated herein by reference.
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Exhibit No.
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Description
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10.1
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Amendment No. 3 to Credit Agreement dated as of March
13, 2017, by and among Edgewell Personal Care Company, as borrower, Edgewell Personal Care Brands, LLC, as subsidiary borrower, JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A., as syndication agent, and the various lenders who are a party thereto. |
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10.2
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Increasing Lender Supplement dated as of March 13,
2017, by and among The Bank of Tokyo-Mitsubishi UFJ, Ltd., as increasing lender, Edgewell Personal Care Company, as borrower, and JPMorgan Chase Bank, N.A., as administrative agent |
About EDGEWELL PERSONAL CARE COMPANY (NYSE:EPC)
Edgewell Personal Care Company is a manufacturer and marketer of personal care products in the wet shave, sun and skin care, feminine care and infant care categories. As of September 30, 2016, the Company had a portfolio of over 25 brands. It manages its business in four segments: Wet Shave, Sun and Skin Care, Feminine Care and All Other. Its Wet shave products are sold under the Schick, Wilkinson Sword, Edge, Skintimate, Shave Guard and Personna brand names. Its Sun and Skin Care products are sold under the Banana Boat, Hawaiian Tropic, Wet Ones and Playtex brand names and offers Wet Ones, portable hand wipes category, and Playtex household gloves, the branded household glove in the United States. Its Feminine Care segment markets its products under the Playtex, Stayfree, Carefree and o.b. brands and markets pads and liners. Its All Other segment includes infant care, pet care and miscellaneous other products. EDGEWELL PERSONAL CARE COMPANY (NYSE:EPC) Recent Trading Information
EDGEWELL PERSONAL CARE COMPANY (NYSE:EPC) closed its last trading session down -0.72 at 73.69 with 652,566 shares trading hands.
