---
schema_version: "secwatch.filing_event.v1"
accession: "0000093389-24-000016"
form_type: "8-K"
ticker: "SMP"
cik: "0000093389"
company_name: "STANDARD MOTOR PRODUCTS, INC."
filed_at: "2024-09-17T23:59:59+00:00"
generated_at: "2026-05-31T04:26:35.423185+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# SMP enters $750M credit facility to fund Nissens Automotive acquisition

## Summary
- New $750M facility includes $440M revolver and $310M term loans; matures Sept 2029.
- Proceeds will fund Nissens Automotive acquisition (announced July 10, 2024) by year-end and repay existing debt.
- Plans interest rate swaps to fix rate on ~$200M of borrowings; CFO cites flexibility for growth and shareholder returns.
- Replaces existing $625M credit facility (2022 Credit Agreement) terminated on September 16, 2024.

## SEC filing metadata
- accession: 0000093389-24-000016
- form_type: 8-K
- ticker: SMP
- cik: 0000093389
- company_name: STANDARD MOTOR PRODUCTS, INC.
- filed_at: 2024-09-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93389/000009338924000016/0000093389-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93389/000009338924000016/smp-20240916.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000093389-24-000016
- JSON: https://secwatch.observer/filing/0000093389-24-000016.json
- Plain text: https://secwatch.observer/filing/0000093389-24-000016.txt

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