---
schema_version: "secwatch.filing_event.v1"
accession: "0000746598-21-000203"
form_type: "8-K"
ticker: "BRC"
cik: "0000746598"
company_name: "BRADY CORP"
filed_at: "2021-12-22T23:59:59+00:00"
generated_at: "2026-06-27T23:07:10.847688+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Brady amends $200M credit facility to replace LIBOR benchmarks with SONIA, EURIBOR, TIBOR

## Summary
- Amendment dated Dec 21, 2021, with BMO Harris and other lenders.
- Changes interest rate for Sterling borrowings from LIBOR to daily simple SONIA.
- Euro borrowings move to EURIBOR; Japanese Yen to TIBOR rate.
- Provides mechanics for transition away from USD LIBOR to a replacement benchmark.
- No change to $200M aggregate revolving commitment or other material terms.

## SEC filing metadata
- accession: 0000746598-21-000203
- form_type: 8-K
- ticker: BRC
- cik: 0000746598
- company_name: BRADY CORP
- filed_at: 2021-12-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/746598/000074659821000203/0000746598-21-000203-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/746598/000074659821000203/brc-20211221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000746598-21-000203
- JSON: https://secwatch.observer/filing/0000746598-21-000203.json
- Plain text: https://secwatch.observer/filing/0000746598-21-000203.txt

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