Del Monte raises revolving credit facility to $900 million under amended loan agreement

Reuters2026/07/21 20:26

By:Reuters

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Del Monte entered a third amendment to its revolving credit agreement dated Oct. 1, 2019, with Bank of America as administrative agent.
Revolving commitments increased to $900 million from $750 million.
Letter of credit commitments increased to $900 million from $750 million.
Definition of Term SOFR revised to remove a 10 basis point adjustment to SOFR.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Del Monte Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001047340-26-000033), on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Del Monte raises revolving credit facility to $900 million under amended loan agreement

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