Item 1.01 Entry into a Material Definitive Agreement.
On
The Amendment No. 2, among other things, (i) temporarily increases certain
levels of the applicable rate by 25 basis points for the period beginning
Fiscal Quarter Leverage Ratio as of the last day of the fiscal quarter endingJune 30, 2020 4.75:1.00 as of the last day of the fiscal quarter endingSeptember 30, 2020 5.25:1.00
and the last day of each of the following fiscal quarters through
4.75:1.00 as of the last day of the fiscal quarter endingSeptember 30, 2021 4.50:1.00 as of the last day of the fiscal quarter endingDecember 31, 2021 4.00:1.00
and the last day of each of the following fiscal quarters
The foregoing description of the material terms of the Amendment No. 2 does not purport to be complete and is qualified in its entirety by reference to the full text of the Amendment No. 2, a copy of which is attached hereto as Exhibit 10.1 and incorporated by reference herein.
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 of this report is incorporated by reference into this Item 2.03.
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1 Amendment No. 2, dated as ofJune 19, 2020 , by and amongMolson Coors Beverage Company ,Molson Coors Brewing Company (UK) Limited ,Molson Canada 2005 ,Molson Coors Canada Inc. andMolson Coors International LP , the lenders party thereto, andCitibank, N.A ., as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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Signature
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 hereunto duly authorized.
MOLSON COORS BEVERAGE COMPANY Date: June 22, 2020 By: /s/ E. Lee Reichert E. Lee Reichert Chief Legal & Government Affairs Officer and Secretary
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