Business Context and Reporting Period
Company: Bed Bath & Beyond, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: January 9, 2026
Event: The Company entered into an amended participation agreement to purchase an additional portion of loans issued by The Container Store, Inc.
Key Financial Metrics
This filing does not report standard operating metrics such as revenue, profit, cash flow, or margins. The only financial data disclosed relates to a specific investment transaction:
- Current Transaction Purchase Price: $2,168,266.96 (paid on January 9, 2026).
- Previous Transaction Purchase Price: $6,461,843.09 (paid on November 25, 2025).
- Total Participation Investment: $8,630,110.05 (aggregate of both transactions).
Note: The filing text does not provide clear values for the Company's overall debt, liquidity, or operating results.
Material Changes
The material change reported is the expansion of the Company's participation in the Term Loan Credit Agreement of The Container Store, Inc. (dated January 28, 2025, as amended). This transaction grants the Company rights to interest payments, loan repayments, and related remedies for the additional portion purchased.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or specific risk factors beyond the inherent nature of the loan participation. The transaction is described as a "par/near par trade."
Investor Verification Checklist
- Verify the total outstanding principal amount of The Container Store, Inc.'s Term Loan Credit Agreement to assess the significance of Bed Bath & Beyond's participation.
- Confirm the credit rating and financial health of The Container Store, Inc. as the underlying borrower.
- Review the terms of Amendment No. 2 (dated January 9, 2026) to understand any changes to the loan structure.
- Assess the impact of the $8.63 million total investment on Bed Bath & Beyond's current liquidity position.