Item 1.01. Entry into a Material Definitive Agreement.

On October 5, 2021, Molson Coors Beverage Company (the "Company"), Molson Coors Brewing Company (UK) Limited, Molson Canada 2005, Molson Coors Canada Inc. and Molson Coors International LP (together with the Company, the "Borrowers") and Citibank, N.A., as administrative agent, entered into that certain Amendment No. 3 ("Amendment No. 3"), which amends that certain Credit Agreement, dated as of July 7, 2017 (as amended by that certain Amendment No. 1 and Extension Agreement, dated as of July 19, 2018, that certain Extension Agreement, dated as of July 7, 2019, and that certain Amendment No. 2, dated as of June 19, 2020, and as further amended, supplemented or otherwise modified and in effect immediately prior to the effectiveness of Amendment No. 3, the "Credit Agreement"), by and among the Borrowers, the other parties from time to time party thereto, the lenders from time to time party thereto, the Issuing Banks from time to time party thereto and Citibank, N.A., as administrative agent.

Amendment No. 3 amends the Credit Agreement to, among other things, change the interest rate under the Credit Agreement for borrowings (i) denominated in Pound Sterling from a LIBOR-based rate to a daily simple SONIA-based rate subject to certain adjustments specified in the Credit Agreement and (ii) denominated in Euros from a LIBOR-based rate to a rate based on the Euro Interbank Offered Rate subject to the adjustments specified in the Credit Agreement.

The foregoing description of the material terms of Amendment No. 3 does not purport to be complete and is qualified in its entirety by reference to the full text of Amendment No. 3, 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 above in Item 1.01 of this Current Form on Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01. Certain Financial Statements and Exhibits.





(d) Exhibits.

Exhibit No. Description of Exhibit


   10.1       Amendment No. 3, dated as of October 5, 2021, by and among Molson
            Coors Beverage Company, Molson Coors Brewing Company (UK) Limited,
            Molson Canada 2005, Molson Coors Canada Inc., Molson Coors
            International LP and Citibank, N.A., as administrative agent.
    104     Cover Page Interactive Data File (embedded within the Inline XBRL
            document)

© Edgar Online, source Glimpses