secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2025-11-25T23:59:59+00:00
Accession:  0000082811-25-000220
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord enters $2.35B credit facilities; refinances 2026 Senior Notes
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- Third Amended and Restated Credit Agreement dated Nov 21, 2025 includes $850M delayed draw term loan (due Feb 2029) and $1.5B revolving facility (due Nov 2030).
- Proceeds used to refinance existing credit agreement and the 6.050% Senior Notes due 2026.
- Leverage covenant max 4.00x initially, then 3.75x; can step up to 4.25x after large acquisitions; interest coverage minimum 3.00x.
- SOFR-based interest rate with margin spread adjusted quarterly based on funded debt-to-EBITDA ratio.
- JPMorgan Chase Bank acts as administrative agent; multiple co-syndication and co-documentation agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000008281125000220/0000082811-25-000220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000008281125000220/rrx-20251121.htm
  HTML page:      https://secwatch.observer/filing/0000082811-25-000220

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