Suja Life, Inc. Amends Credit Agreement, Lowers Interest Rate
$SUJA · SUJA LIFE, INC.Research Summary
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Suja Life, Inc. Amends Credit Agreement, Lowers Interest Rate
What Happened
Suja Life, Inc. announced on August 20, 2026 that certain indirect subsidiaries entered into an Amended and Restated Credit Agreement (A&R Credit Agreement) that amends and restates the prior credit agreement dated August 23, 2021. The principal change is a reduction in the applicable interest rate for the revolving/term borrowings to a Term SOFR-based rate plus a spread determined by the company’s consolidated net leverage ratio.
Key Details
- A&R Credit Agreement dated August 20, 2026 among Suja Life Intermediate II, LLC, Suja Life, LLC, JPMorgan Chase Bank, N.A. (administrative agent), the guarantors and the lenders.
- New interest formula: Term SOFR + 1.75%, 2.00%, or 2.25% per annum, depending on consolidated net leverage ratio.
- The amendment amends and restates the Credit Agreement originally dated August 23, 2021.
- Company furnished a press release about the agreement (Exhibit 99.1) and filed the A&R Credit Agreement as Exhibit 10.1 to the 8-K.
Why It Matters
A lower interest spread means Suja’s borrowing costs on outstanding bank debt can be reduced if the company draws on its facilities, which can improve cash flow and reduce interest expense depending on outstanding balances and leverage. This is a material financing development for investors because it affects the company’s cost of capital and liquidity profile. The filing is informational — investors should review the full A&R Credit Agreement (Exhibit 10.1) and the company’s press release for complete terms.