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AI brief of an SEC Form 8-K · Central Garden & Pet (CENT)

Central Garden & Pet enters $600 million credit facility maturing November 2030

Neutral Impact 3 of 5 financing Written later

Central Garden & Pet signed a Fourth Amended and Restated Credit Agreement on November 7, 2025, providing a $600 million senior secured asset-based revolving credit facility that matures November 7, 2030. The company did not draw any commitments at closing, and the facility can be increased by up to an additional $400 million if lenders agree, which gives the company borrowing capacity for general corporate purposes.

Key points

  • Facility size: $600 million revolver, with up to $400 million more available through an uncommitted accordion feature
  • Maturity: November 7, 2030; replaces the Third Amended and Restated Credit Agreement dated December 16, 2021
  • No borrowings drawn at closing; pricing at closing was SOFR plus 1.00% on SOFR-based loans
  • Secured by substantially all assets of the company and guarantor subsidiaries, with a minimum fixed charge coverage ratio of 1.00:1.00 when triggered

The filing

CompanyCentral Garden & Pet (CENT)
Form8-K, current report
Filed with the SECNov 12, 2025, 4:02 PM ET
Accession number0001193125-25-277476

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.