secwatch.observer — SEC 8-K summary
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Issuer:     KIRBY CORP (KEX)
CIK:        0000056047
Form:       8-K
Filed at:   2022-10-21T23:59:59+00:00
Accession:  0000950170-22-019844
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Kirby Corporation issues $60M of 3.46% senior notes due 2033
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- Issued $60M Series A 3.46% senior notes on Oct 20, 2022, part of $300M Note Purchase Agreement.
- Remaining $240M Series B 3.51% notes due to be issued on Jan 19, 2023.
- Proceeds to repay 3.29% senior unsecured notes due Feb 27, 2023.
- Covenants include interest coverage, debt-to-capitalization, liens, asset sales, mergers.
- No principal payments until maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/56047/000095017022019844/0000950170-22-019844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/56047/000095017022019844/kex-20221020.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-019844

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer