secwatch.observer — SEC 8-K summary
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Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2023-02-15T23:59:59+00:00
Accession:  0000026172-23-000008
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins subsidiaries amend credit agreement; termination date extended to June 30, 2023
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- Atmus Filtration and Cummins Filtration extend termination deadline for initial credit extension from March 30 to June 30, 2023.
- Ticking fee payment dates modified to include Feb 15, 2023, and quarterly thereafter until closing or spin-off.
- Borrowers paid an upfront fee of 0.1022375% of total commitments to lenders on the effective date.
- No defaults or event of default continuing; representations and warranties reaffirmed as true.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000002617223000008/0000026172-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000002617223000008/cmi-20230215.htm
  HTML page:      https://secwatch.observer/filing/0000026172-23-000008

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