---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-063929"
form_type: "8-K"
ticker: "WOR"
cik: "0000108516"
company_name: "WORTHINGTON ENTERPRISES, INC."
filed_at: "2024-05-23T23:59:59+00:00"
generated_at: "2026-06-01T09:02:37.938887+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Worthington Enterprises issues €91.7M in new senior notes to replace existing subsidiary debt

## Summary
- Issued €36.7M 2.06% Series A Note due 2031 and €55M 2.40% Series B Notes due 2034 to Prudential in a private placement.
- Notes exchanged for equal principal amounts of existing notes issued by Worthington Luxembourg and Worthington Cylinders GmbH.
- Existing notes, note agreement, and company guaranty terminated upon exchange.
- Senior notes rank equally with existing unsecured unsubordinated debt; financial covenants include leverage ratio ≤55% and interest coverage ≥3.25x.
- Maturities: Series A Note due Aug 23, 2031 (with €30M due Aug 23, 2029); Series B Notes due Aug 23, 2034 (with €23.3M due Aug 23, 2031).

## SEC filing metadata
- accession: 0000950170-24-063929
- form_type: 8-K
- ticker: WOR
- cik: 0000108516
- company_name: WORTHINGTON ENTERPRISES, INC.
- filed_at: 2024-05-23T23:59:59+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/108516/000095017024063929/0000950170-24-063929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108516/000095017024063929/wor-20240517.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-063929
- JSON: https://secwatch.observer/filing/0000950170-24-063929.json
- Plain text: https://secwatch.observer/filing/0000950170-24-063929.txt

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