Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Snap-on Inc amended revolving credit of $900 million with JPMorgan Chase Bank, N.A., Citibank, N.A. and U.S. Bank National Association at Adjusted Term Secured Overnight Financing Rate (SOFR) plus a spread ranging from maturing September 12, 2028.
- Instrument
- revolving credit
- Principal
- $900 million
- Counterparty
- JPMorgan Chase Bank, N.A., Citibank, N.A. and U.S. Bank National Association
- Rate
- Adjusted Term Secured Overnight Financing Rate (SOFR) plus a spread ranging from
- Maturity
- September 12, 2028
- Event
- amendment
Exact text from the filing
On September 12, 2023, Snap-on Incorporated (“Snap-on”) entered into a five-year, $900 million multi-currency revolving credit facility that terminates on September 12, 2028 (the “New Facility”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Snap-on Inc entered into Fourth Amended and Restated Five Year Credit Agreement with each lender and agent listed on the signature pages thereof valued at $900 million multi-currency revolving credit facility (effective 2023-09-12).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- each lender and agent listed on the signature pages thereof
- Value
- $900 million multi-currency revolving credit facility
- Effective
- 2023-09-12
Exact text from the filing
On September 12, 2023, Snap-on Incorporated (“Snap-on”) entered into a five-year, $900 million multi-currency revolving credit facility that terminates on September 12, 2028 (the “New Facility”).
View on SEC.gov