secwatch.observer — SEC 8-K summary
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Issuer:     CATERPILLAR INC (CAT)
CIK:        0000018230
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0000018230-22-000199
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Caterpillar enters $3.15B 364-day credit facility, extends 3-year and 5-year facilities to 2025 and 2027
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- $3.15 billion unsecured revolving credit facility expires Aug 31, 2023; replaces prior 364-day facility.
- Three-year facility extended to Aug 29, 2025; five-year facility extended to Sep 1, 2027.
- Borrowers include Caterpillar, Cat Financial, CIF, and Caterpillar Finance KK; no drawings to date.
- Financial covenants: Caterpillar min net worth $9B; Cat Financial interest coverage >1.15x, leverage ≤10x.
- Facilities available for general corporate purposes; local currency sub-limits for EUR, GBP, JPY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18230/000001823022000199/0000018230-22-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18230/000001823022000199/cat-20220906.htm
  HTML page:      https://secwatch.observer/filing/0000018230-22-000199

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