---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-030050"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2025-02-28T23:59:59+00:00"
generated_at: "2026-05-26T00:42:16.351146+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ABM enters $2.2B credit facility with $1.6B revolver, $600M term loan, maturing 2030

## Summary
- Total commitments: $1.6B revolving credit and $600M term loan, five-year term maturing Feb 26, 2030.
- Borrowings bear interest at Term SOFR or base rate plus margin based on total net leverage ratio.
- Financial covenants: max total net leverage 5.00x, max secured net leverage 4.00x, min interest coverage 1.50x.
- Proceeds used to refinance original credit agreement, pay down revolving debt, and cover transaction costs.
- Obligations guaranteed by material domestic subs and secured by substantially all assets of ABM and guarantors.

## SEC filing metadata
- accession: 0000950170-25-030050
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2025-02-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000095017025030050/0000950170-25-030050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000095017025030050/abm-20250226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-030050
- JSON: https://secwatch.observer/filing/0000950170-25-030050.json
- Plain text: https://secwatch.observer/filing/0000950170-25-030050.txt

## Key facts
- Debt Financings
  ABM INDUSTRIES INC /DE/ incurred term loan of $600 million with Bank of America, N.A. maturing February 26, 2030.
  - Instrument: term loan
  - Principal: $600 million
  - Counterparty: Bank of America, N.A.
  - Maturity: February 26, 2030
  - Event: incurrence
  source text: an aggregate principal amount of commitments under the term facility of $600 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/771497/000095017025030050/0000950170-25-030050-index.htm
- Debt Financings
  ABM INDUSTRIES INC /DE/ incurred credit facility of $1.6 billion with Bank of America, N.A. maturing February 26, 2030.
  - Instrument: credit facility
  - Principal: $1.6 billion
  - Counterparty: Bank of America, N.A.
  - Maturity: February 26, 2030
  - Event: incurrence
  source text: the Credit Agreement provides for an aggregate principal amount of commitments under the dollar and multicurrency revolving credit facilities of $1.6 billion
  evidence_url: https://www.sec.gov/Archives/edgar/data/771497/000095017025030050/0000950170-25-030050-index.htm

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