Item 1.01.   Entry into a Material Definitive Agreement.
Incremental Amendment No. 8 to the Credit Agreement
On January 15, 2020 (the "Closing Date"), Aramark Services, Inc. (the
"Company"), an indirect wholly owned subsidiary of Aramark ("Aramark" or
"Parent"), Aramark Intermediate HoldCo Corporation ("Holdings") and certain
wholly-owned domestic subsidiaries of the Company entered into Incremental
Amendment No. 8 (the "Incremental Amendment") with the U.S. Term B-4 Lenders (as
defined therein) and JPMorgan Chase Bank, N.A. as administrative agent for the
Lenders (as defined below) and collateral agent for the secured parties
thereunder amending that certain credit agreement (as amended prior to the date
hereof, the "Credit Agreement"), dated March 28, 2017, among the Company,
Holdings, ARAMARK Canada Ltd., ARAMARK Investments Limited, ARAMARK Limited,
ARAMARK Ireland Holdings Limited, ARAMARK Regional Treasury Europe, Designated
Activity Company, ARAMARK Holdings Deutschland GMBH (as successor by merger to
ARAMARK Holdings GmbH & Co. KG), Aramark International Finance S.à r.l., and
certain wholly-owned domestic subsidiaries of the Company, the financial
institutions from time to time party thereto (including the financial
institutions party to the Incremental Amendment, the "Lenders"), the issuing
banks named therein and JPMorgan Chase Bank, N.A., as administrative agent for
the Lenders and collateral agent for the secured parties thereunder.
The Incremental Amendment provides for new U.S. Dollar denominated term loans in
an aggregate principal amount of approximately $900,000,000, due in January 2027
(the "U.S. Term B-4 Loans") incurred by the Company pursuant to Section 2.19 of
the Credit Agreement, the proceeds of which, together with cash on hand at the
Company, were used to redeem all of the Company's outstanding 5.125% Senior
Notes due 2024 (the "2024 Notes") and to pay fees and expenses in connection
with the transactions contemplated by the Incremental Amendment. The U.S. Term
B-4 Loans were funded in full on the Closing Date.
The U.S. Term B-4 Loans bear interest rate equal to either (a) a LIBOR rate
determined by reference to the costs of funds for deposits in U.S. dollars for
the interest period relevant to such borrowing adjusted for certain additional
costs or (b) a base rate determined by reference to the highest of (1) the prime
rate of the administrative agent, (2) the federal funds rate plus 0.50% and (3)
the LIBOR rate plus 1.00% plus an applicable margin set initially at 1.75% for
borrowings based on the LIBOR rate and 0.75% for borrowings based on the base
rate.
The U.S. Term B-4 Loans require the payment of installments in quarterly
principal amount of $2.25 million from June 30, 2020 through December 31, 2026,
and $839.25 million at maturity.
The U.S. Term B-4 Loans are subject to substantially similar terms currently
relating to guarantees, collateral, mandatory prepayments and covenants that are
applicable to the Company's existing U.S. Term B Loans outstanding under the
Credit Agreement.
The foregoing description of the Incremental Amendment is qualified in its
entirety by reference to the full text of the Incremental Amendment, which is
filed as Exhibit 10.1 hereto and is incorporated herein by reference.
Item 1.02.  Termination of a Material Definitive Agreement.
Redemption of 2024 Notes
The Company previously issued a notice of conditional redemption pursuant to the
indenture, dated as of December 17, 2015, as supplemented, among the Issuer, the
guarantors party thereto and The Bank of New York Mellon, as trustee, relating
to the 2024 Notes to redeem (the "Redemption") the entire $900,000,000 aggregate
principal amount of the 2024 Notes currently outstanding at a redemption price
of 102.563% of the aggregate principal amount thereof, plus accrued and unpaid
interest, if any, to the date of redemption. On January 15, 2020, following the
entry into the Incremental Amendment, the Company deposited with the trustee of
the 2024 Notes the redemption payment to fund the Redemption and redeemed all of
the outstanding 2024 Notes.
Item 2.03.  Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant.
The information set forth in Item 1.01 is incorporated by reference into this
Item 2.03.




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Item 9.01. Financial Statements and Exhibits




(d) Exhibits


Exhibit No.                                 Description

       10.1       Incremental Amendment No. 8 (the "Incremental Amendment"), dated
                as of January 15, 2020, among Aramark Services, Inc. (the
                "Company"), Aramark Intermediate HoldCo Corporation ("Holdings"),
                certain wholly-owned subsidiaries of the Company, the U.S. Term B-4
                Lenders (as defined therein) and JPMorgan Chase Bank, N.A. as
                administrative agent for the Lenders (as defined below) and
                collateral agent for the secured parties thereunder amending that
                certain credit agreement (as amended prior to the date hereof, the
                "Credit Agreement"), dated March 28, 2017, among the Company,
                Holdings, ARAMARK Canada Ltd., ARAMARK Investments Limited, ARAMARK
                Limited, ARAMARK Ireland Holdings Limited, ARAMARK Regional Treasury
                Europe, Designated Activity Company, ARAMARK Holdings Deutschland
                GMBH (as successor by merger to ARAMARK Holdings GmbH & Co. KG),
                Aramark International Finance S.à r.l. and certain other
                wholly-owned domestic subsidiaries of the Company, the financial
                institutions from time to time party thereto (including the
                financial institutions party to the Incremental Amendment, the
                "Lenders"), the issuing banks named therein and JPMorgan Chase Bank,
                N.A., as administrative agent for the Lenders and collateral agent
                for the secured parties thereunder.
        104     Cover Page Interactive Data File (embedded within the Inline XBRL
                document).




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