Item 1.01. Entry into a Material Definitive Agreement.
Extension of the Credit Agreement
On
In connection with the Extension Agreement, the Company extended the maturity
date of
The obligations under the Credit Agreement continue to be guaranteed by the
Company in the case of indebtedness and other liabilities of any subsidiary
borrower and by
The foregoing description of the Extension Agreement is qualified in its entirety by reference to the full text of the Extension Agreement, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 8.01. Other Events.
Borrowings under Senior Credit Facility
As of
The information provided in Item 1.01 above is incorporated herein by reference.
Changes in Segment Reporting
As previously described in our Annual Report on Form 10-K for the year ended
During the third quarter of our fiscal year 2019, certain organizational changes
were announced that impacted our fiscal year 2020 internal reporting and
reportable segments. As a result of these changes, we combined our EMEA,
Therefore, effective in the first quarter of 2020, we manage and report our
operating results through three reportable segments defined by geographic
region:
We are furnishing supplemental historical segment financial information, which conforms to the new reportable segment structure, in the exhibit included as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are furnished with this Current Report on Form 8-K.
Exhibit No. Description 10.1 Extension Letter Agreement, entered into as ofMarch 23, 2020 , with respect to the Credit Agreement dated as ofJuly 6, 2015 (as amended, supplemented or otherwise modified from time to time), by and among the Company,Kraft Heinz , the banks, financial institutions and other institutional lenders party thereto, the Issuing Banks,JPMorgan Chase Bank, N.A ., asAdministrative Agent andJ.P. Morgan Europe Limited , asLondon agent for the Lenders. 99.1 Supplemental Historical Financial Information by New Reportable Segments for the years endedDecember 28, 2019 ,December 29, 2018 , andDecember 30, 2017 , and for each of the three months endedMarch 30, 2019 ,June 29, 2019 ,September 28, 2019 , andDecember 28, 2019 . 104 The cover page fromThe Kraft Heinz Company's Current Report on Form 8-K datedMarch 23, 2020 , formatted in inline XBRL.
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