---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-124183"
form_type: "8-K"
ticker: "RBC"
cik: "0001324948"
company_name: "RBC Bearings INC"
filed_at: "2021-10-07T23:59:59+00:00"
generated_at: "2026-06-28T22:10:09.351225+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# RBC Bearings issues $500M 4.375% senior notes due 2029 to fund Dodge acquisition

## Summary
- Issued $500M 4.375% senior notes due 2029; proceeds escrowed pending ABB's Dodge MPT acquisition.
- Notes secured by escrow funds until acquisition closes; after, guaranteed on senior unsecured basis by RBC Bearings and subsidiaries.
- Special mandatory redemption at 100% if acquisition not completed by Feb 23, 2022.
- Issuer may redeem notes on/after Oct 15, 2024 at redemption prices; up to 40% with equity proceeds before Oct 15, 2024 at 104.375%.
- Financing complements prior equity offerings (3.45M common + 4.6M mandatory convertible preferred) and expected $1.3B term loan and $500M revolver.

## SEC filing metadata
- accession: 0001104659-21-124183
- form_type: 8-K
- ticker: RBC
- cik: 0001324948
- company_name: RBC Bearings INC
- filed_at: 2021-10-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324948/000110465921124183/0001104659-21-124183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324948/000110465921124183/tm2129422d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-124183
- JSON: https://secwatch.observer/filing/0001104659-21-124183.json
- Plain text: https://secwatch.observer/filing/0001104659-21-124183.txt

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