Marzetti amends credit agreement, raising revolver to $200 million for Bachan's deal
Marzetti signed a First Amendment to its credit agreement on March 4, 2026. The amendment raises the revolving loan from $150 million to $200 million and adds a $200 million term loan to finance the previously reported acquisition of the Japanese Barbecue Sauce brand Bachan's, Inc. This gives the company new borrowing capacity tied to a specific acquisition, which matters to shareholders because it shows how the deal is being funded.
Key points
- Revolving loan increases from $150 million to $200 million.
- New $200 million term loan will finance the Bachan's, Inc. acquisition.
- Total credit could expand by an additional $200 million, subject to lender consent and conditions.
- Term loan matures five years after funding, with a springing maturity date of March 6, 2029 under certain conditions.
The filing
Written by AI on Nov 8, 2026, 1:49 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 March 09, 2026.
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.