{"schema_version":"secwatch.filing_event.v1","accession":"0000864749-22-000205","form_type":"8-K","ticker":"TRMB","cik":"0000864749","company_name":"TRIMBLE INC.","filed_at":"2022-12-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.782120+00:00","generated_at":"2026-06-20T21:43:46.420816+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Trimble enters $1.0B term loan facility to finance acquisition of TP Holding and Sixfold","bullets":["Unsecured delayed draw term loan of $1.0B: $500M 3-year and $500M 5-year tranches.","Proceeds to fund acquisition of TP Group Holding GmbH and Sixfold GmbH per Dec 11, 2022 SPA.","Amendment to $1.25B revolver makes $600M available for acquisition and increases max leverage ratio.","Interest rates based on credit rating: Term SOFR + 1.125%-2.125% or base rate + 0.125%-1.125%.","Covenants include maximum leverage and minimum interest coverage ratio maintenance."],"urls":{"canonical":"https://secwatch.observer/filing/0000864749-22-000205","json":"https://secwatch.observer/filing/0000864749-22-000205.json","markdown":"https://secwatch.observer/filing/0000864749-22-000205.md","text":"https://secwatch.observer/filing/0000864749-22-000205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/864749/000086474922000205/0000864749-22-000205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/864749/000086474922000205/trmb-20221227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T21:43:46.420816+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":"f0468b3fe999c3f02c6f5bdeb97a58a1aecd8dc9","claim":"TRIMBLE INC. incurred term loan of $1.0 billion with Bank of America, N.A. maturing third anniversary of funding date for 3-Year Tranche loans; fifth anniversary of funding date for 5-Year Tranche loans.","evidence_excerpt":"The Term Loan Credit Agreement provides for an unsecured delayed draw term loan facility in the aggregate principal amount of $1.0 billion, comprised of a 3-year tranche in the amount of $500.0 million (the “3-Year Tranche”) and a 5-year tranche in the amount of $500.0 million (the “5-Year Tranche”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/864749/000086474922000205/0000864749-22-000205-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Maturity","value":"third anniversary of funding date for 3-Year Tranche loans; fifth anniversary of funding date for 5-Year Tranche loans"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"cb43de8d38f4630235aa391041ef4fadfced055a","claim":"TRIMBLE INC. entered into Term Loan Credit Agreement with Bank of America, N.A., as administrative agent, and the lenders from time to time party thereto valued at $1.0 billion (effective 2022-12-27).","evidence_excerpt":"On December 27, 2022, Trimble Inc. (the “Company”) entered into a Term Loan Credit Agreement, by and among the Company, the lenders from time to time party thereto and Bank of America, N.A., as administrative agent (the “Term Loan Credit Agreement”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/864749/000086474922000205/0000864749-22-000205-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, and the lenders from time to time party thereto"},{"label":"Value","value":"$1.0 billion"},{"label":"Effective","value":"2022-12-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}