UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 17, 2023 |
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SpartanNash Company
(Exact name of Registrant as Specified in Its Charter)
Michigan | 000-31127 | 38-0593940 | ||
(State or Other Jurisdiction | (Commission File Number) | (IRS Employer | ||
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850 76th Street, S.W. P.O. Box 8700 |
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Grand Rapids, Michigan |
| 49518-8700 | ||
(Address of Principal Executive Offices) |
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Registrant’s Telephone Number, Including Area Code: (616) 878-2000 |
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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| Trading |
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Common Stock, no par value |
| SPTN |
| Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On April 17, 2023, SpartanNash Company ("the Company") entered into an amendment of its Amended and Restated Loan and Security Agreement (the "Credit Agreement"). The amendment increased the size of the Tranche A portion of the Company’s revolving credit facility by $115,000,000 to $1,090,000,000 from $975,000,000 through the addition of two new lenders, CoBank ACB and Associated Bank, NA, to the bank group, with commitments of $75,000,000 and $40,000,000, respectively.
This expansion of borrowing capacity aligns with the Company's recent growth and provides flexibility to support the Company's strategic long-term plans, including both organic and inorganic investments.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Date: April 19, 2023 | SpartanNash Company | |
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| By: | /s/ R. Todd Riksen |
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| R. Todd Riksen Vice President and Corporate Controller (Principal Accounting Officer) |
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