US Foods enters $810 million incremental term loan maturing in 2033
US Foods, Inc. entered into a Fourteenth Amendment to its credit agreement on October 2, 2026, adding a new $810 million senior secured term loan due October 2, 2033. Proceeds, along with cash on hand, were used to repay and prepay existing term loans and certain revolving loans under its asset-based facility, and to pay fees and expenses. The filing does not report earnings or guidance, so its direct effect on shareholders is a refinancing of existing debt and new secured borrowing terms.
Key points
- New 2026 Term Loan Facility totals $810 million and matures October 2, 2033.
- Interest is Term SOFR plus 1.50%, or an alternative base rate plus 0.50%.
- Loans amortize at 1% per year in quarterly installments, with the balance due at maturity.
- Loans are secured by the company's capital stock and substantially all non-real estate assets, with a 1.00% premium on repricing transactions within six months of closing.
The filing
Written by AI on Nov 8, 2026, 12:42 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.