ITT enters $2.875B credit agreement to finance SPX FLOW acquisition

ITT INC.

$2.875B delayed draw term loan facility arranged with U.S. Bank National Association as administrative agent.
Loan matures two years from first borrowing; interest rate Term SOFR + 1.00%-1.50% based on debt ratings.
Unused commitment fee of 0.10% per annum accrues from May 3, 2026 until funding or termination.
DDTL commitments expire September 11, 2026 if undrawn or not previously terminated.
Covenants include max net consolidated debt to adjusted EBITDA ratio of 3.50x.

item 1.01item 2.03item 9.01

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