Company: GEF
Filing Date: 2025-06-05
Form Type: 10-Q
Source: 0000043920-25-000025
Chunk: 73

Company: GREIF, INC
Filing Date: 2025-06-05
Form: 10-Q
Item: Part I, Item 8
Chunk 73
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sExpected tobe IncurredAmounts Incurred During the Six Months Ended April 30, 2025AmountsRemainingto be IncurredCustomized Polymer SolutionsEmployee separation costs$2.0 $1.2 $0.8 Other restructuring costs0.4 0.3 0.1 2.4 1.5 0.9 Durable Metal SolutionsEmployee separation costs3.9 1.3 $2.6 Other restructuring costs0.7 0.2 0.5 4.6 1.5 3.1 Sustainable Fiber SolutionsEmployee separation costs9.2 7.7 $1.5 Other restructuring costs22.3 2.7 19.6 31.5 10.4 21.1 Integrated SolutionsEmployee separation costs0.6 0.4 0.2 Other restructuring costs0.7 0.1 0.6 1.3 0.5 0.8 $39.8 $13.9 $25.9 

NOTE 5 — DEBT

Long-Term DebtLong-term debt is summarized as follows:(in millions)April 30, 2025October 31, 20242022 Credit Agreement - Term Loans$1,663.4 $1,707.4 2023 Credit Agreement - Term Loan285.0 288.8 Accounts receivable credit facilities— 357.9 2022 Credit Agreement - Revolving Credit Facility443.9 373.7 Other debt— 1.3 2,392.3 2,729.1 Less: current portion95.8 95.8 Less: deferred financing costs5.6 7.1 Long-term debt, net$2,290.9 $2,626.2 Credit AgreementsThe Company and certain of its subsidiaries are parties to a senior secured credit agreement (the “2022 Credit Agreement”) with a syndicate of financial institutions.The 2022 Credit Agreement provides for (a) an $800.0 million secured revolving credit facility, consisting of a $725.0 million multicurrency facility and a $75.0 million U.S. dollar facility, maturing on March 1, 2027, (b) a $1,100.0 million secured term loan A-1 facility with quarterly