The Kraft Heinz Company (KHC, Financial), a leading global food and beverage company, has announced a significant amendment to its existing Credit Agreement. On July 8, 2025, the company, along with its wholly-owned subsidiary Kraft Heinz Foods Company, entered into a Fourth Amendment to the Credit Agreement originally dated July 8, 2022. This strategic move extends the maturity date of its $4.0 billion revolving credit facility from July 8, 2029, to July 8, 2030.
This extension is a crucial step for Kraft Heinz as it provides the company with enhanced financial flexibility and stability. The amendment also includes revisions to the minimum shareholders’ equity financial covenant and related definitions under the Credit Agreement, reflecting the company's commitment to maintaining robust financial health.
By extending the maturity date, Kraft Heinz ensures continued access to significant liquidity, which is essential for supporting its operational and strategic initiatives. This move is indicative of the company's proactive approach to managing its financial resources effectively, thereby positioning itself for sustained growth and value creation for its shareholders.
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