Item 1.01 Entry into a Material Definitive Agreement.
On
Contemporaneously upon its entry into the Amendment and Restatement,
The Amendment and Restatement contains provisions substantially similar to those
in the Credit Agreement, including customary representations, warranties and
covenants, which includes the maintenance of a maximum consolidated total
leverage ratio, and modifications to certain provisions of the Credit Agreement
to, among other things, (i) upsize the amount of the credit facility from
The foregoing description of the Amendment and Restatement does not purport to
be complete and is qualified in its entirety by reference to the text of the
Amendment and Restatement, which is filed as Exhibit 10.1 hereto and is
incorporated herein by reference. The foregoing description of the CBS Credit
Agreement does not purport to be complete and is qualified in its entirety by
reference to the summary of and the text of the CBS Credit Agreement, each of
which was included as Item 1.01 and Exhibit 10.1, respectively, of
Some of the financial institutions party to the Amendment and Restatement and
their respective affiliates have performed, and/or may in the future perform,
various commercial banking, investment banking, corporate trust and other
financial advisory services in the ordinary course of business for
Item 1.02 Termination of a Material Definitive Agreement.
The information set forth under Item 1.01 above is hereby incorporated by reference into this Item 1.02.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 above is hereby incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits. The following exhibits are filed as part of this Current Report on Form 8-K:
Exhibit Description of Exhibit Number 10.1 Amended and Restated Credit Agreement, dated as ofJanuary 23, 2020 , by and amongViacomCBS Inc. , the subsidiary borrowers party thereto, the lenders party thereto,JPMorgan Chase Bank, N.A ., as administrative agent,Citibank, N.A .,Bank of America, N.A . andWells Fargo Bank, National Association , as syndication agents, andDeutsche Bank Securities Inc. ,Goldman Sachs Bank USA ,Mizuho Bank, Ltd. andMorgan Stanley MUFG Loan Partners, LLC , as documentation agents. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). -3-
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