UNFI amends and restates ABL credit facility at up to $2.4 billion
Effective April 1, 2026, UNFI and certain subsidiaries entered an amended and restated loan agreement for a secured asset-based revolving credit facility of up to $2,400 million, which replaces the existing $2,600 million ABL facility dated June 3, 2022. The facility expires April 1, 2031, or earlier if the company's $500 million term loan or 6.750% senior notes due 2028 remain largely outstanding near their maturities, and it carries a fixed charge coverage test if availability falls below a set level. The filing describes the terms as a refinancing and amendment of existing borrowing capacity rather than a change in the size of the company's debt.
Key points
- Total commitments of up to $2,400 million, including a $100 million Canadian dollar sublimit and a $130 million FILO tranche.
- Replaces the $2,600 million ABL Credit Facility dated June 3, 2022; borrowers may request an increase of up to $750 million, with no assurance of funding.
- Expires April 1, 2031, or earlier if the $500 million term loan or 6.750% senior notes due 2028 have more than $100 million outstanding 91 days before maturity.
- Secured by a first-priority lien on receivables and inventory and guaranteed by most wholly owned subsidiaries.
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 April 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.