UNITED NATURAL FOODS,INC. (NASDAQ:UNFI) Files An 8-K Regulation FD Disclosure

ME Staff 8-k

6 years ago

UNITED NATURAL FOODS,INC. (NASDAQ:UNFI) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure

As previously announced, on July25, 2018, United Natural Foods,Inc., a Delaware corporation (the “Company”), obtained a debt financing commitment on the terms and subject to the conditions set forth in a commitment letter dated July25, 2018 (the “Commitment Letter”) from Goldman Sachs Bank USA and Goldman Sachs Lending Partners LLC consisting of, among other things, (i)a senior secured asset-based revolving facility in an aggregate principal amount of $2,000 million that will be used to replace the Company’s existing senior secured asset-based revolving facility and (ii)a senior secured term loan credit facility (the “New Term Loan Facility”) in an aggregate principal amount of $2,150 million. The Commitment Letter was amended and restated by the Amended and Restated Commitment Letter dated August 7, 2018, from Goldman Sachs Bank USA, Bank of America, N.A. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, and further amended and restated by the Second Amended and Restated Commitment Letter dated August 8, 2018, from Goldman Sachs Bank USA, Bank of America, N.A., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Bank, National Association, JPMorgan Chase Bank, N.A. and U.S. Bank National Association, and as further amended by Amendment No. 1 to Second Amended and Restated Commitment Letter dated September 21, 2018. The Company is hereby furnishing the information attached as Exhibit99.1, a copy of a slide from the lender presentation to be distributed to potential lenders in connection with the New Term Loan Facility. The information in this Current Report and the exhibit hereto are being furnished and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities under that Sectionand shall not be deemed to be incorporated by reference into any filing of the Registrant under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Description
99.1	A slide from the UNFI Lender Presentation

UNITED NATURAL FOODS INC ExhibitEX-99.1 2 a18-32010_1ex99d1.htm EX-99.1 Exhibit 99.1 4 Significant Underlying Value of Owned Properties Owned Square Footage (in thousands) Owned Square Footage (in thousands) Distribution Center Distribution Center1 Atlanta,…To view the full exhibit click here
About UNITED NATURAL FOODS,INC. (NASDAQ:UNFI)
United Natural Foods, Inc. is a distributor and retailer of natural, organic and specialty products. The Company’s segments include Wholesale and Other. The Wholesale segment is engaged in the national distribution of natural, organic and specialty foods, produce and related products in the United States and Canada. The Other segment includes a retail division, which engages in the sale of natural foods and related products to the general public through retail storefronts on the east coast of the United States; a manufacturing division, which engages in importing, roasting and packaging of nuts, seeds, dried fruit and snack items, and its branded product lines. Its operations consist of three operating divisions: Wholesale Division, Retail Division, and Manufacturing and Branded Products divisions. As of July 30, 2016, the Company had offered 100,000 natural, organic and specialty foods, and non-food products, consisting of national, regional and private-label brands.