8-KThe WireStrategic
Material Agreement · New Debt / Obligation
Filed Oct 7, 2021 · 4y ago · Accession 0001104659-21-124199
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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): October 5, 2021
MOLSON
COORS BEVERAGE COMPANY
(Exact
name of registrant as specified in its charter)
Delaware 001-14829
84-0178360
(State or other jurisdiction
of incorporation) (Commission
File Number)
(IRS Employer
Identification No.)
P.O.
Box 4030 NH353
Golden , Colorado
1555 Notre Dame Street East
Montréal , Québec , Canada
80401
H2L
2R5
(Address
of principal executive offices)
(Zip
Code)
( 303 ) 279-6565 / ( 514 ) 521-1786
(Registrant’s
telephone number, including area code)
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:
¨ 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
Class A Common Stock, par value $0.01
TAP A
New York Stock Exchange
Class B Common Stock, par value $0.01
TAP
New York Stock Exchange
1.25% Senior Notes due 2024
TAP
New York Stock Exchange
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 October 5,
2021, M olson C oors B everage C ompany
(the “ Company ”), Molson Coors Brewing Company (UK) Limited, Molson
Canada 2005, Molson Coors Canada Inc. and Molson Coors International LP (together with the Company, the “ Borrowers ”)
and Citibank, N.A., as administrative agent, entered into that certain Amendment No. 3 (“ Amendment
No. 3 ”), which amends that certain Credit Agreement, dated as of July 7, 2017 (as amended by that certain Amendment No.
1 and Extension Agreement, dated as of July 19, 2018, that certain Extension Agreement, dated as of July 7, 2019, and that certain
Amendment No. 2, dated as of June 19, 2020, and as further amended, supplemented or otherwise modified and in effect immediately
prior to the effectiveness of Amendment No. 3, the “ Credit Agreement ”),
by and among the Borrowers, the other parties from time to time party thereto, the lenders from time to time party
thereto, the Issuing Banks from time to time party thereto and Citibank, N.A., as administrative agent.
Amendment No.
3 amends the Credit Agreement to, among other things, change the interest rate under the Credit Agreement for borrowings (i) denominated
in Pound Sterling from a LIBOR-based rate to a daily simple SONIA-based rate subject to certain adjustments specified in the Credit Agreement
and (ii) denominated in Euros from a LIBOR-based rate to a rate based on the Euro Interbank Offered Rate subject to the adjustments specified
in the Credit Agreement.
The foregoing description
of the material terms of Amendment No. 3 does not purport to be complete and is qualified in its entirety by reference to the full text
of Amendment No. 3, a copy of which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
Item 2.03. Creation of a Direct
Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information set forth
above in Item 1.01 of this Current Form on Form 8-K is incorporated by reference into this Item 2.03.
Item 9.01. Certain Financial Statements and
Exhibits.
(d) Exhibits.
Exhibit No.
Description of Exhibit
10.1
Amendment No. 3, dated as of October 5, 2021, by and among M olson C oors B everage C ompany, Molson Coors Brewing Company (UK) Limited, Molson Canada 2005, Molson Coors Canada Inc., Molson Coors International LP and Citibank, N.A., as administrative agent.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
MOLSON COORS BEVERAGE COMPANY
Date: October 7, 2021
By:
/s/ Eric Gunning
Name:
Eric Gunning
Title:
Interim Chief Legal & Government Affairs Officer and Secretary
Filing details
- Company
- MOLSON COORS BEVERAGE CO
- Ticker
- TAP-A
- CIK
- 24545
- Form type
- 8-K
- Filing date
- Oct 7, 2021
- Report date
- Oct 5, 2021
- Document
- tm2129328d1_8k.htm
- Size
- 1.2 MB