Short answer
Clearwater Paper Corp (CLW) filed an 8-K current report with the SEC on September 21, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 1.02 (Termination of a Material Definitive Agreement), Item 2.03 (Creation of a Direct Financial Obligation), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Redemption of $275 million 4.750% Senior Notes due 2028 scheduled for October 3, 2026.
Clearwater Paper Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.02 · Termination of a Material Definitive Agreement
- Redemption of $275 million 4.750% Senior Notes due 2028 scheduled for October 3, 2026
- $1.7 million accrued interest payment through the redemption date
- Proceeds from new Credit Agreement funding the debt repayment
- Indenture obligations discharged, eliminating the 2028 Notes from outstanding debt
- ABL Credit Agreement termination signals replacement of the prior borrowing arrangement
Item 7.01 · Regulation FD Disclosure
- Risk disclosures tied to expanded revolving credit commitments and 2028 Notes redemption
- Execution risk around lender approvals, post-closing conditions, and lien perfection
- Leverage and debt-servicing exposure heightened by interest rates and credit-market conditions
- 2028 Notes redemption timing and completion remain subject to stated conditions
Item EX-99.1 · Exhibit EX-99.1
- $275M term loan and $200M revolving facility replace existing debt, refinancing $275M senior notes due 2028
- New facilities mature September 18, 2031, materially extending Clearwater Paper’s debt maturity profile
- Approximately $15M drawn on the revolver at closing, leaving substantial stated capacity
- Uncommitted $100M revolver increase option, subject to lender participation and 2027 year-end financial statements
- Refinancing improves near-term maturity visibility but adds dependence on covenant compliance and interest-rate conditions
Other items in this filing:
- Item 1.01: Entry into a Material Definitive Agreement
- Item 2.03: Creation of a Direct Financial Obligation
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Clearwater Paper Corp 8-K filings
Get the next CLW 8-K as it lands
Follow CLW for push alerts, or ask the research agent what this filing means.