NWL 8-K

NEWELL BRANDS INC.

Dated: July 31, 2026

/s/ Bradford R. Turner

Bradford R. Turner

Chief Legal and Administrative Officer and Corporate Secretary

Newell Brands Inc. (NWL)

8-K 2026-07-31 For: 2026-07-30

View Original

Added on July 31, 2026


Exhibit No.		Description

10.1		ABL Credit Agreement, dated as of July 30, 2026, among Newell Brands Inc., the Irish Borrower party thereto, the Subsidiary Guarantors from time to time party thereto, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent.*

104		Cover Page Interactive Data File (formatted as inline XBRL and embedded within the document)


		Page

SECTION 1. DEFINITIONS			1
1.1	Defined Terms		1
1.2	Classification of Loans and Borrowings		69
1.3	Other Definitional Provisions		69
1.5	Letter of Credit Amounts		70
1.6	Limited Condition Transactions		70
1.7	Divisions		71
1.8	Currencies; Currency Equivalents		71
1.9	Irish Provisions		72
1.10	Australian Provisions		72
1.11	England & Wales Provisions		73
1.12	Quebec Provisions		73
1.13	Appointment of Company as Agent for the Borrowers		74

SECTION 2. AMOUNT AND TERMS OF COMMITMENTS			74
2.1	Commitments		74
2.2	Procedure for Revolving Loan Borrowing		76
2.3	Protective Advances		77
2.4	[Reserved]		78
2.5	[Reserved]		78
2.6	[Reserved]		78
2.7	Repayment of Revolving Loans		78
2.8	Fees, etc.		78
2.9	Termination or Reduction of Commitments		78
2.10	Optional Prepayments		79
2.11	Mandatory Prepayment of Loans		79
2.12	Conversion and Continuation Options		81
2.13	Limitations on Term Benchmark Borrowings and RFR Borrowings		81
2.14	Interest Rates and Payment Dates		81
2.15	Computation of Interest and Fees		82
2.16	Alternate Rate of Interest		82
2.17	Pro Rata Treatment and Payments		85
2.18	Requirements of Law		88
2.19	Taxes		89
2.20	Indemnity		95
2.21	Change of Lending Office; Irish Borrower		95
2.22	Replacement of Lenders		96
2.23	Defaulting Lenders		96
2.24	Incremental Facilities		97
2.25	Loan Modification Offers		98
2.26	Extension of Maturity Date		100

SECTION 3. LETTERS OF CREDIT			101
3.1	L/C Commitment		101
3.2	Procedure for Issuance of Letter of Credit		102
3.3	Fees and Other Charges		104
3.4	L/C Participations		104


3.5	Reimbursement Obligation of the Borrowers	105
3.6	Obligations Absolute	106
3.7	Letter of Credit Payments	106
3.8	Applications	106
3.9	Replacement of an Issuing Lender	107

SECTION 4. REPRESENTATIONS AND WARRANTIES		107
4.1	Financial Condition	107
4.2	No Change	107
4.3	Existence; Compliance with Law	107
4.4	Power; Authorization; Enforceable Obligations	107
4.5	No Legal Bar; No Conflict	108
4.6	Litigation	108
4.7	No Default	108
4.8	Ownership of Property; Liens	108
4.9	Intellectual Property	108
4.10	Taxes	108
4.11	Federal Regulations	109
4.12	Labor Matters	109
4.13	ERISA	109
4.14	Investment Company Act	109
4.15	Subsidiaries; Capital Stock	109
4.16	Use of Proceeds	109
4.17	Environmental Matters	109
4.18	Accuracy of Information, etc.	110
4.19	Security Documents	110
4.20	Solvency	110
4.21	Anti-Corruption Laws, Anti-Money Laundering and Sanctions	110
4.22	Plan Assets; Prohibited Transactions	110
4.23	Borrowing Base Certificate	110
4.24	Centre of Main Interest	111
4.25	UK Pensions	111
4.26	DAC6	111
4.27	Canadian Pension Plans and Canadian MEPPs	111
4.28	Financial Assistance and Connected Persons	111
4.29	Relevant External Company	111
4.30	No Immunity	111
4.31	Commercial Benefit	111
4.32	No Trustee	112
4.33	Pari Passu Ranking (Australia)	112
4.34	Ranking (Australia)	112
4.35	Financial Assistance	112

SECTION 5. CONDITIONS PRECEDENT		112
5.1	Conditions to the Closing Date	112
5.2	Conditions to Each Extension of Credit	114

SECTION 6. AFFIRMATIVE COVENANTS		115
6.1	Financial Statements	115
6.2	Certificates; Borrowing Base; Other Information	116
6.3	Payment of Obligations	117


6.4	Maintenance of Existence; Compliance with Laws; Anti-Corruption and Sanctions	118
6.5	Maintenance of Property; Insurance	118
6.6	Inspection of Property; Books and Records; Discussions; Appraisals; Field Examinations	118
6.7	Notices	119
6.8	Environmental Laws	120
6.9	[Reserved]	120
6.10	Additional Collateral, etc; Further Assurances	120
6.11	[Reserved]	122
6.12	Cash Management Systems; Application of Proceeds of Accounts	122
6.13	Post-Closing	123
6.14	Canadian Pension Plans and Canadian MEPPs	123
6.15	[Reserved]	124
6.16	Financial Assistance	124
6.17	Centre of Main Interest	124
6.18	PPSA (Australia) Covenants	124

SECTION 7. NEGATIVE COVENANTS		125
7.1	Consolidated Fixed Charge Coverage Ratio	125
7.2	Indebtedness	125
7.3	Liens	127
7.4	Fundamental Changes	131
7.5	Disposition of Property	131
7.6	Restricted Payments	134
7.7	Investments	135
7.8	Optional Payments of Certain Debt Instruments	137
7.9	Transactions with Affiliates	138
7.10	Sales and Leasebacks	138
7.11	Swap Agreements	139
7.12	Changes in Fiscal Periods	139
7.13	Negative Pledge Clauses	139
7.14	Clauses Restricting Subsidiary Distributions	139
7.15	Lines of Business	140
7.16	Use of Proceeds	140
7.17	[Reserved]	140
7.18	Australian Tax Matters	141

SECTION 8. EVENTS OF DEFAULT		141
8.1	Events of Default	141
8.2	[Reserved]	144

SECTION 9. THE AGENT		144
9.1	Appointment	144
9.2	Administrative Agent’s Reliance, Indemnification, Etc.	146
9.3	Posting of Communications	147
9.4	The Administrative Agent Individually	149
9.5	Successor Administrative Agent	149
9.6	Acknowledgments of Lenders and Issuing Lenders	150
9.7	Collateral Matters	151
9.8	Credit Bidding	152
9.9	Certain ERISA Matters	153


9.10	Flood Insurance Laws	154
9.11	Administrative Agent as security trustee	154
9.12	Appointment of the Administrative Agent as Australian Security Trustee for the Australian Security Agreements	155

SECTION 10. MISCELLANEOUS		156
10.1	Amendments and Waivers	156
10.2	Notices	157
10.3	No Waiver; Cumulative Remedies	158
10.4	Survival of Representations and Warranties	159
10.5	Limitation of Liability; Payment of Expenses and Taxes	159
10.6	Successors and Assigns; Participations and Assignments	161
10.7	Adjustments; Set-off	164
10.8	Counterparts; Electronic Execution	165
10.9	Severability	166
10.10	Integration	166
10.11	GOVERNING LAW	166
10.12	Submission To Jurisdiction; Waivers	166
10.13	Acknowledgments	167
10.14	Releases of Guarantees and Liens	168
10.15	Confidentiality	169
10.16	WAIVERS OF JURY TRIAL	170
10.17	USA Patriot Act	171
10.18	Intercreditor Agreement	171
10.19	Acknowledgement and Consent to Bail-In of Affected Financial Institutions	171
10.20	Acknowledgement Regarding Any Supported QFCs	171
10.21	[Reserved]	172
10.22	Judgment Currency	172
10.23	Collateral Limitations	172
10.24	Maximum Rate Limitation	173
10.25	Interest Act (Canada)	174
10.26	Exclusions of the PPSA (Australia)	174
10.27	PPSA (Australia) further Assurances	175


1.1A		Commitments
1.1B		Agreed Security Principles
1.1C		Cash Pool Accounts
3.1		Existing Letters of Credit
4.10		Tax Matters
4.15		Subsidiary Loan Parties; Excluded Subsidiaries; Immaterial Subsidiaries
4.25		UK Pension Plans
4.27		Canadian Defined Benefit Pension Plans and Canadian MEPPs
6.13		Post-Closing
6.14		Canadian Pension Plans and Canadian MEPPs
7.2(e)		Existing Indebtedness
7.3(f)		Existing Liens
7.5(l)		Scheduled Dispositions
7.7(k)		Existing Investments


A		[Reserved]
B		Form of Interest Election Request
C		[Reserved]
D-1		Form of Guarantee Agreement
D-2		Form of U.S. Collateral Agreement
E		Form of Assignment and Assumption
F		Form of Compliance Certificate
G		[Reserved]
H-1		U.S. Tax Certificate (For Non-U.S. Lenders that are not Partnerships for U.S. Federal Income Tax Purposes)
H-2		U.S. Tax Certificate (For Non-U.S. Lenders that are Partnerships for U.S. Federal Income Tax Purposes)
H-3		U.S. Tax Certificate (For Non-U.S. Participants that are not Partnerships for U.S. Federal Income Tax Purposes)
H-4		U.S. Tax Certificate (For Non-U.S. Participants that are Partnerships for U.S. Federal Income Tax Purposes)
I-1		Form of Increased Facility Activation Notice—Incremental Revolving Commitments
I-2		Form of New Lender Supplement
J		Form of Borrowing Base Certificate
K		Form of Solvency Certificate


Level	Availability	Applicable Margin for ABR Loans	Applicable Margin for Term Benchmark Loans	Applicable Margin for RFR Loans
I	≥ 66% of the Line Cap	0.50%	1.50%	1.50%
II	<66% but ≥ 33% of the Line Cap	0.75%	1.75%	1.75%
III	<33% of the Line Cap	1.00%	2.00%	2.00%


Average Quarterly Availability		Commitment Fee Rate
<50%		0.25%
≥50%		0.30%


Company:		Newell Brands Inc. 5 Concourse Parkway, NE, 8^th Floor Atlanta, GA 30328 Attention: Brad Turner, General Counsel

Administrative Agent and Australian Security Trustee:		JPMorgan Chase Bank, N.A. 270 Park Avenue New York, New York 10017 Attention: Matt Berindei Email: [email protected]

Issuing Lender		As notified to the Administrative Agent and Company from time to time

Administrative Agent with respect to Loans or Letters of Credit to the Irish Borrower:		J.P. Morgan SE Name: Loans Agency Group Address: 25 Bank Street, Canary Wharf, London, E14 5JP Telephone number: Switchboard (+1) 212 270 6000 Fax number: +44 (0)20 7777 2360 E-Fax: [email protected] Group email address: [email protected]


NEWELL BRANDS INC.,

By:		/s/ Robert Westreich
		Name: Robert Westreich
		Title: Senior Vice President, Treasurer & Chief Tax Officer


NEWELL BRANDS IRELAND SERVICES DESIGNATED ACTIVITY COMPANY,

By:		/s/ Robert Westreich
		Name: Robert Westreich
		Title: Director


JPMORGAN CHASE BANK, N.A., as Administrative Agent, as Australian Security Trustee, as a Lender and as an Issuing Lender

By:		/s/ John Morrone
		Name: John Morrone
		Title: Authorized Officer


J.P. MORGAN SE., as Administrative Agent

By:		/s/ Suzanne Sambell
		Name: Suzanne Sambell
		Title: Vice President


J.P. MORGAN SE., as a Lender and as an Issuing Lender

By:		/s/ Graeme Syme
		Name: Graeme Syme
		Title: ED

By:		/s/ Richard Johansson
		Name: Richard Johansson
		Title: Managing Director


Bank of America N.A, as a Lender, an Issuing Lender, and a Notifying Lender

By:		/s/ Aangi Kothari
		Name: Aangi Kothari
		Title: SVP

Bank of America Europe DAC, as a Lender and as an EU Lender

By:		/s/ G.A. Bazaz
		Name: G.A. Bazaz
		Title: Managing Director


Bank of America N.A., acting through its Canada Branch as a Lender

By:		/s/ Davood Ashrafi
		Name: Davood Ashrafi
		Title: Assistant Vice President

[For Lenders requiring two signature blocks]

By:
		Name:
		Title:


CITIBANK, N.A. as a Lender and an Issuing Lender

By:		/s/ Michelle Pratt
		Name: Michelle Pratt
		Title: Vice President & Director


GOLDMAN SACHS BANK USA, as a Lender and an Issuing Lender

By:		/s/ Dan Starr
		Name: Dan Starr
		Title: Authorized Signatory


ROYAL BANK OF CANADA, as a Lender and an Issuing Lender

By:		/s/ Guido Borrelli
		Name: Guido Borrelli
		Title: Authorized Signatory


Wells Fargo Bank, National Association, as a Lender and an Issuing Lender

By:		/s/ Jose I. Escalante
		Name: Jose I. Escalante
		Title: Authorized Signer

Wells Fargo Capital Finance (UK) Ltd

By:		/s/ Alison Powell
		Name: Alison Powell
		Title: Authorised Signatory


HSBC BANK USA, NATIONAL ASSOCIATION, as a Lender

By:		/s/ Thomas A. Getty, Jr.
		Name: Thomas A. Getty, Jr.
		Title: Director


PNC BANK, NATIONAL ASSOCIATION, as a Lender

By:		/s/ Tony Savage
		Name: Tony Savage
		Title: Senior Vice President


TD BANK, N.A., as a Lender

By:		/s/ Donald J. Cavanagh
		Name: Donald J. Cavanagh
		Title: Senior Vice President