---
schema_version: "secwatch.filing_event.v1"
accession: "0000216228-26-000018"
form_type: "8-K"
ticker: "ITT"
cik: "0000216228"
company_name: "ITT INC."
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:12:10.261402+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- $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.

## SEC filing metadata
- accession: 0000216228-26-000018
- form_type: 8-K
- ticker: ITT
- cik: 0000216228
- company_name: ITT INC.
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216228/000021622826000018/0000216228-26-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216228/000021622826000018/itt-20260218.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000216228-26-000018
- JSON: https://secwatch.observer/filing/0000216228-26-000018.json
- Plain text: https://secwatch.observer/filing/0000216228-26-000018.txt

## Key facts
- Debt Financings
  ITT INC. incurred credit facility of $2,875,000,000 with U.S. Bank National Association at Term SOFR plus a margin ranging from 1.00% to 1.50% or alternate base rate plus maturing two years from the date of the first borrowing.
  - Instrument: credit facility
  - Principal: $2,875,000,000
  - Counterparty: U.S. Bank National Association
  - Rate: Term SOFR plus a margin ranging from 1.00% to 1.50% or alternate base rate plus
  - Maturity: two years from the date of the first borrowing
  - Event: incurrence
  source text: (the “ Company ”) entered into a credit agreement (the “ Credit Agreement ”) among the Company, as borrower, certain of its subsidiaries, as co-borrowers, each lender from time to time party thereto, and U.S. Bank National Association, as the administrative agent, sole lead arranger and sole bookrunner.
  evidence_url: https://www.sec.gov/Archives/edgar/data/216228/000021622826000018/0000216228-26-000018-index.htm
- Material Agreements
  ITT INC. entered into Credit Agreement with U.S. Bank National Association valued at $2,875,000,000 (effective 2026-02-18).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: U.S. Bank National Association
  - Value: $2,875,000,000
  - Effective: 2026-02-18
  source text: On February 18, 2026, ITT Inc. (the “ Company ”) entered into a credit agreement (the “ Credit Agreement ”) among the Company, as borrower, certain of its subsidiaries, as co-borrowers, each lender from time to time party thereto, and U.S. Bank National Association, as the administrative agent, sole lead arranger and sole bookrunner. The Credit Agreement provides for delayed draw term loan commitments (the “ DDTL Commitments ”) in an aggregate principal amount of $2,875,000,000, which may be drawn, on up to two occasions, to finance the Company’s previously announced acquisition of SPX FLOW, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/216228/000021622826000018/0000216228-26-000018-index.htm

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