secwatch / observer
8-K filed December 19, 2023, 6:59 PM ET ticker MOG-A CIK 0000067887
debt confidence high sentiment neutral materiality 0.50

MOOG INC. (MOG-A): debt financing — Moog extends receivables facility to Dec 2026 and upsizes limit to $125M from $100M

MOOG INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

MOOG INC. amended credit facility of $125 million with Wells Fargo Bank, N.A. maturing December 11, 2026.

Instrument
credit facility
Principal
$125 million
Counterparty
Wells Fargo Bank, N.A.
Maturity
December 11, 2026
Event
amendment
Exact text from the filing
(the “Company”), as seller, the Company, as master servicer, Wells Fargo Bank, N.A., as administrative agent (the “Agent”), and certain purchasers (collectively, the “Purchasers”) entered into the Third Amendment to the Amended and Restated Receivables Purchase Agreement (the “Amendment”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

MOOG INC. amended Amended and Restated Receivables Purchase Agreement with Wells Fargo Bank, N.A. valued at Increase in facility limit from $100 million to $125 million; extension of termination date from Nov (effective 2023-12-13).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, N.A.
Value
Increase in facility limit from $100 million to $125 million; extension of termination date from Nov
Effective
2023-12-13
Exact text from the filing
On December 13, 2023, Moog Receivables LLC (the “Receivables Subsidiary”), a wholly owned bankruptcy remote special purpose subsidiary of Moog Inc. (the “Company”), as seller, the Company, as master servicer, Wells Fargo Bank, N.A., as administrative agent (the “Agent”), and certain purchasers (collectively, the “Purchasers”) entered into the Third Amendment to the Amended and Restated Receivables Purchase Agreement (the “Amendment”). The Amendment modified the terms of the Company’s Amended and Restated Receivables Purchase Agreement dated November 4, 2021. The amendment consists primarily of an extension to the scheduled termination date from November 4, 2024 to December 11, 2026 and also increases the limit the Receivables Subsidiary may sell to the Purchasers from $100 million to $125 million.
View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

MOOG INC. filing history →

Source: SEC EDGAR
accession 0000067887-23-000227
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.