Company: GEF
Filing Date: 2025-11-19
Form Type: 10-KT
Source: 0001628280-25-053146
Chunk: 57

Company: GREIF, INC
Filing Date: 2025-11-19
Form: 10-KT
Chunk 57
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----|:-----------------|--------:|
| 2023 Credit Agreement - Term Loans                |     |                    | 135.3 |     |                  |   288.8 |
| Accounts receivable credit facilities             |     |                    |     — |     |                  |   357.9 |
| 2022 Credit Agreement - Revolving Credit Facility |     |                    |     — |     |                  |   373.7 |
| Other debt                                        |     |                    |     — |     |                  |     1.3 |
|                                                   |     |                    | 919.4 |     |                  | 2,729.1 |
| Less current portion                              |     |                    |     — |     |                  |    95.8 |
| Less deferred financing costs                     |     |                    |   4.6 |     |                  |     7.1 |
| Long-term debt, net                               |     | $                  | 914.8 |     | $                | 2,626.2 |

2022 Credit Agreement

We and certain of our 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 principal installments that commenced on July 31, 2022 and continue through January 31, 2027, with any outstanding principal balance of such term loan A-1 facility being due and payable on maturity on March 1, 2027, (c) a $515.0 million secured term loan A-2 facility with quarterly principal installments that commenced on July 31, 2022 and continue through January 31, 2027, with any outstanding principal balance of such term loan A-2 being due and payable on maturity on March 1, 2027, and (d) as further described below, a $300.0 million incremental secured term loan A-4 facility with quarterly principal installments that commenced on April 30, 2024 and continue through January 31, 2027, with any outstanding principal balance of such term loan A-4