{"schema_version":"secwatch.filing_event.v1","accession":"0000216228-23-000045","form_type":"8-K","ticker":"ITT","cik":"0000216228","company_name":"ITT INC.","filed_at":"2023-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.574365+00:00","generated_at":"2026-06-07T16:33:21.399682+00:00","sec_items":["1.01","2.03","5.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"ITT Amends Credit Agreement to Allow €300M Debt for Svanehøj Acquisition; Director Retires","bullets":["ITT amended its credit agreement to allow Italian subsidiary ITT Italia to incur up to €300 million in unsecured debt for the pending acquisition of Svanehøj Group A/S.","Director Richard P. Lavin retired from the board effective December 4, 2023 for personal reasons, with no disagreement with the company.","The amendment involved lenders including Bank of America, BNP Paribas, Citibank, U.S. Bank, Wells Fargo, and others.","Proceeds from the unsecured indebtedness may also be used for general corporate purposes beyond the Svanehøj acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0000216228-23-000045","json":"https://secwatch.observer/filing/0000216228-23-000045.json","markdown":"https://secwatch.observer/filing/0000216228-23-000045.md","text":"https://secwatch.observer/filing/0000216228-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/216228/000021622823000045/0000216228-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/216228/000021622823000045/itt-20231203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T16:33:21.399682+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"43660d203be3049624fdd21e9f3b1ebaeda28493","claim":"ITT INC. amended credit facility of up to €300.0 million with Bank of America, N.A..","evidence_excerpt":"mpany”) entered into the Second Amendment (the “Amendment”) to the Company’s Credit Agreement, dated as of August 5, 2021 (as amended, the “Credit Agreement”), among the Company, certain subsidiaries of the Company party thereto, the lenders party thereto and Bank of America, N.A., as the administrative agent, the L/C issuer and a U.S. swingline lender.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/216228/000021622823000045/0000216228-23-000045-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"up to €300.0 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"4d936bc819","claim":"Richard P. Lavin retired as Director at ITT INC..","evidence_excerpt":"On December 3, 2023, Mr. Richard P. Lavin notified the Company of his retirement from the Board due to personal reasons, effective December 4, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216228/000021622823000045/0000216228-23-000045-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"e5e0999d42e562bc5b5205f1dc2bd0e4d43e6a6e","claim":"ITT INC. amended Second Amendment with Bank of America, N.A. valued at €300.0 million (effective 2023-12-06).","evidence_excerpt":"On December 6, 2023, ITT Inc. (the “Company”) entered into the Second Amendment (the “Amendment”) to the Company’s Credit Agreement, dated as of August 5, 2021 (as amended, the “Credit Agreement”), among the Company, certain subsidiaries of the Company party thereto, the lenders party thereto and Bank of America, N.A., as the administrative agent, the L/C issuer and a U.S. swingline lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/216228/000021622823000045/0000216228-23-000045-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Value","value":"€300.0 million"},{"label":"Effective","value":"2023-12-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}