Company: ACCO
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000950170-25-024931
Chunk: 169

Company: ACCO BRANDS Corp
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1B
Chunk 169
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 in the fourth quarter of 2022, the Company adopted this standard. The adoption of this standard did not have a material impact on our consolidated financial statements. There were no other accounting standards that were adopted in 2024, 2023 and 2022 that had a material effect on the Company’s financial condition, results of operations or cash flow.

3. Long-term Debt and Short-term Borrowings Notes payable and long-term debt, listed in order of the priority of security interests in assets of the Company, consisted of the following as of December 31, 2024 and 2023: 

        (in millions)
         
        December 31,2024

        December 31,2023

        Euro Senior Secured Term Loan A, due October 2029 (floating interest rate of 4.68% at December 31, 2024 and 5.93% at December 31, 2023)
         
        $
        127.9

        $
        218.2

        USD Senior Secured Term Loan A (floating interest rate of 7.50% at December 31, 2023)

        —

        78.0

        Australian Dollar Senior Secured Term Loan A (floating interest rate of 6.42% at December 31, 2023)

        —

        32.5

        Euro Dollar Senior Secured Revolving Credit Facility, due October 2029 (floating interest rate of 4.68% at December 31, 2024)

        59.1

        —

        U.S. Dollar Senior Secured Revolving Credit Facility, due October 2029 (floating interest rate of 6.47% at December 31, 2024 and 7.40% at December 31, 2023)

        34.4

        7.3

        Australian Dollar Senior Secured Revolving Credit Facility, due October 2029 (floating interest rate of 6.44% at December 31, 2024 and 6.42% at December 31, 2023)

        32.8

        14.3

        Senior Unsecured Notes, due March 2029 (fixed interest rate of 4.25%)

        575.0

        575.0

        Other borrowings

        10.5

        0.3

        Total debt

        839.7