---
schema_version: "secwatch.filing_event.v1"
accession: "0000864749-26-000111"
form_type: "8-K"
ticker: "TRMB"
cik: "0000864749"
company_name: "TRIMBLE INC."
filed_at: "2026-10-02T20:08:07+00:00"
generated_at: "2026-10-12T14:36:16.359366+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Trimble signs $500M delayed-draw term loan maturing two years after first borrowing

## Summary
- Trimble Inc. entered a $500.0 million unsecured delayed-draw term loan credit agreement on October 2, 2026 with Bank of America as administrative agent; no term loans borrowed as of that date.
- Borrowings can be made in up to four draws on or before January 29, 2027; undrawn commitments terminate after that date. Loans mature two years after initial borrowing.
- Pricing is tied to credit rating or leverage: Term SOFR loans pay SOFR plus 0.875%-1.750%; ABR loans pay alternate base rate plus 0.00%-0.750%; undrawn ticking fee is 0.075%-0.275%.
- Proceeds may be used for general corporate purposes; the facility includes a maximum leverage ratio covenant and negative covenants restricting liens and subsidiary indebtedness.

## SEC filing metadata
- accession: 0000864749-26-000111
- form_type: 8-K
- ticker: TRMB
- cik: 0000864749
- company_name: TRIMBLE INC.
- filed_at: 2026-10-02T20:08:07+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/864749/000086474926000111/0000864749-26-000111-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/864749/000086474926000111/trmb-20261002.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000864749-26-000111
- JSON: https://secwatch.observer/filing/0000864749-26-000111.json
- Plain text: https://secwatch.observer/filing/0000864749-26-000111.txt

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