Newell Brands renews receivables facility, extends term to October 1, 2027
Newell Brands and its special purpose subsidiary Jarden Receivables renewed their receivables purchase agreement with Royal Bank of Canada as administrative agent and signed a second amendment. The facility limit on factored receivables is set at $75 million, and the maturity is extended to October 1, 2027. The filing also raises the debt rating thresholds that set the facility's rating-based levels, which affects the terms under which the facility operates.
Key points
- Scheduled Termination Date extended to October 1, 2027
- Facility Limit on factored receivables adjusted to $75 million
- Concentration Limits increased for all Obligor groups
- Debt Rating now based on corporate rating from S&P or Moody's, with higher thresholds for Levels 1, 2 and 3
The filing
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 October 02, 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.