AI brief of an SEC Form 8-K · Simply Good Foods (SMPL)

Simply Good Foods amends credit agreement, adds $150 million term loan, extends maturities

Neutral Impact 3 of 5 financing Written later

Simply Good Foods USA, a subsidiary of The Simply Good Foods Company, entered into Amendment No. 8 to its credit agreement on November 19, 2025. The amendment adds a $150 million incremental term facility to fund working capital and general corporate purposes, and extends the revolving and term loan maturities to December 2029 and March 2030. The filing shows added borrowing capacity and longer debt maturities, but also a larger debt load for shareholders to consider.

Key points

  • Amendment No. 8 established a $150 million incremental term facility (2025 Incremental Term Loans).
  • Revolving facility maturity extended to December 16, 2029; term loan maturity extended to March 17, 2030.
  • Revolving SOFR loans now bear interest at SOFR plus 2.00%, with a 0.00% floor.
  • Barclays Bank PLC serves as administrative agent.

The filing

CompanySimply Good Foods (SMPL)
Form8-K, current report
Filed with the SECNov 20, 2025, 6:03 AM ET
Accession number0001104659-25-114309

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

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:59 AM ET, from the text of the filing and its press-release exhibits 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 20, 2025.

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