---
schema_version: "secwatch.filing_event.v1"
accession: "0000026324-22-000034"
form_type: "8-K"
ticker: "CW"
cik: "0000026324"
company_name: "CURTISS WRIGHT CORP"
filed_at: "2022-12-21T23:59:59+00:00"
generated_at: "2026-06-21T01:09:12.013537+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Curtiss-Wright amends debt covenants to allow more leverage for acquisitions, adds interest coverage test

## Summary
- Amended three note purchase agreements (2011, 2013, 2020) to allow debt-to-capitalization up to 0.65 for four quarters after acquisitions ≥$100M.
- Removed minimum consolidated net worth covenant; added minimum 3.00x consolidated interest coverage ratio.
- Released former subsidiaries (Tapco, Benshaw, Cimarron) from subsidiary guarantee obligations.
- Waived Event of Default for failure to add Williams Controls Industries as guarantor; company must cure immediately.

## SEC filing metadata
- accession: 0000026324-22-000034
- form_type: 8-K
- ticker: CW
- cik: 0000026324
- company_name: CURTISS WRIGHT CORP
- filed_at: 2022-12-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26324/000002632422000034/0000026324-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26324/000002632422000034/cw-20221216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000026324-22-000034
- JSON: https://secwatch.observer/filing/0000026324-22-000034.json
- Plain text: https://secwatch.observer/filing/0000026324-22-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.