Financing ·
US Foods establishes $810 million incremental senior secured term loan facility maturing October 2033
USFDUS Foods Holding Corp.
On October 2, 2026, US Foods Holding Corp. entered into the Fourteenth Amendment to its Credit Agreement, establishing an $810 million incremental senior secured term loan facility maturing on October 2, 2033. The company utilized these borrowings and cash on hand to fully repay existing term loans due in November 2028, partially prepay those due in October 2031, and retire certain revolving loans under its asset-based facility. The new debt bears interest at Term SOFR plus 1.50% or an alternative base rate plus 0.50%, with annual amortization of 1%. This refinancing activity represents a significant change to the company's capital structure and near-term liquidity profile. US Foods Holding Corp. operates in the food distribution industry, providing foodservice products and related services to independent restaurants, healthcare facilities, schools, and other institutions.