---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-013502"
form_type: "8-K"
ticker: "KEX"
cik: "0000056047"
company_name: "KIRBY CORP"
filed_at: "2022-07-29T23:59:59+00:00"
generated_at: "2026-06-24T07:05:57.176734+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kirby enters $750M credit facility ($500M revolver + $250M term loan) due 2027

## Summary
- New $500M revolving credit facility and $250M term loan, maturity July 29, 2027.
- Current interest rate: 137.5 bps over SOFR or 37.5 bps over Alternate Base Rate.
- Term loan repayable in quarterly installments starting Dec 31, 2022; $43.8M due at maturity.
- Proceeds used to repay $285M outstanding under prior 2024 credit agreement.
- Covenants include interest coverage ratio and debt-to-capitalization ratio.

## SEC filing metadata
- accession: 0000950170-22-013502
- form_type: 8-K
- ticker: KEX
- cik: 0000056047
- company_name: KIRBY CORP
- filed_at: 2022-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/56047/000095017022013502/0000950170-22-013502-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/56047/000095017022013502/kex-20220729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-013502
- JSON: https://secwatch.observer/filing/0000950170-22-013502.json
- Plain text: https://secwatch.observer/filing/0000950170-22-013502.txt

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