{"filing":{"accession_number":"0001193125-26-288554","cik":"0002088281","ticker":"MFP","company_name":"Midera Food Processing, Inc.","form":"8-K","filing_date":"2026-06-29","report_date":null,"primary_document":"d70874d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/2088281/000119312526288554/d70874d8k.htm"},"events":[{"id":14678,"run_id":13075,"accession_number":"0001193125-26-288554","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Midera Food Processing entered into a $1.0 billion five-year credit agreement with Bank of America and other lenders on June 29, 2026, consisting of a $750 million U.S. dollar revolving facility and a $250 million multi-currency revolving facility. The company drew on these facilities and used cash on hand to make a $233 million distribution to Middleby Marshall Inc. in connection with its spin-off and transition to a stand-alone public company.","company_name":"Midera Food Processing, Inc.","ticker":"MFP","filing_date":"2026-06-29","form":"8-K","submitted_at":null,"items":[{"id":12176,"accession_number":"0001193125-26-288554","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Midera Food Processing entered into a $1.0 billion five-year credit agreement with Bank of America on June 29, 2026, consisting of a $750 million U.S. dollar revolving facility and a $250 million multi-currency revolving facility. This is a material creation of a new direct financial obligation in connection with the company's anticipated spin-off from Middleby, disclosed under Item 1.01 (Entry into a Material Definitive Agreement). The size, terms, and strategic importance to the spin-off transaction clearly qualify this as a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12177,"accession_number":"0001193125-26-288554","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Midera Food Processing has entered into a $1.0 billion credit agreement with Bank of America and other lenders, consisting of a $750 million U.S. dollar revolving credit facility and a $250 million multi-currency revolving credit facility. This is a creation of a direct financial obligation under Item 2.03, and the press release explicitly states this is in connection with Midera's transition to a stand-alone public company. The size and terms of the facility are material to the registrant's capital structure and financial flexibility.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"","ticker":null,"filing_date":""},{"id":12178,"accession_number":"0001193125-26-288554","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Midera Food Processing entered into a $1 billion credit agreement on June 29, 2026, consisting of a $750 million U.S. dollar revolving credit facility and a $250 million multi-currency revolving credit facility. This represents the creation of a new direct financial obligation for the company in connection with its spin-off from Middleby. The filing explicitly states the company \"used borrowings under the credit facilities and cash on hand to make a distribution to Middleby Marshall Inc.\" of $233 million, confirming the credit agreement was drawn upon and is material to the registrant's capital structure as it transitions to independence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":12176,"accession_number":"0001193125-26-288554","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Midera Food Processing entered into a $1.0 billion five-year credit agreement with Bank of America on June 29, 2026, consisting of a $750 million U.S. dollar revolving facility and a $250 million multi-currency revolving facility. This is a material creation of a new direct financial obligation in connection with the company's anticipated spin-off from Middleby, disclosed under Item 1.01 (Entry into a Material Definitive Agreement). The size, terms, and strategic importance to the spin-off transaction clearly qualify this as a material debt issuance event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"Midera Food Processing, Inc.","ticker":"MFP","filing_date":"2026-06-29"},{"id":12177,"accession_number":"0001193125-26-288554","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Midera Food Processing has entered into a $1.0 billion credit agreement with Bank of America and other lenders, consisting of a $750 million U.S. dollar revolving credit facility and a $250 million multi-currency revolving credit facility. This is a creation of a direct financial obligation under Item 2.03, and the press release explicitly states this is in connection with Midera's transition to a stand-alone public company. The size and terms of the facility are material to the registrant's capital structure and financial flexibility.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"Midera Food Processing, Inc.","ticker":"MFP","filing_date":"2026-06-29"},{"id":12178,"accession_number":"0001193125-26-288554","item_number":"8.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Midera Food Processing entered into a $1 billion credit agreement on June 29, 2026, consisting of a $750 million U.S. dollar revolving credit facility and a $250 million multi-currency revolving credit facility. This represents the creation of a new direct financial obligation for the company in connection with its spin-off from Middleby. The filing explicitly states the company \"used borrowings under the credit facilities and cash on hand to make a distribution to Middleby Marshall Inc.\" of $233 million, confirming the credit agreement was drawn upon and is material to the registrant's capital structure as it transitions to independence.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-29T20:33:21.720669+00:00","company_name":"Midera Food Processing, Inc.","ticker":"MFP","filing_date":"2026-06-29"}]}