secwatch.observer — SEC 8-K summary
======================================

Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2022-06-30T23:59:59+00:00
Accession:  0001104659-22-076355
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair increases term loan facility by $400M to $1.0B for Manitowoc Ice acquisition
--------------------------------------------------------------------------------

- Pentair Finance increased term loan facility from $600M to $1.0B via Amendment No. 1, dated June 30, 2022.
- No loans outstanding as of July 1; full $1.0B intended to be borrowed to finance part of Manitowoc Ice purchase price and fees.
- Availability subject to conditions including closing of Manitowoc Ice acquisition (purchase price $1.6B) and no material adverse effect.
- Facility is a five-year senior unsecured term loan; Pentair plc is guarantor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000110465922076355/0001104659-22-076355-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000110465922076355/tm2219016d10_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-076355

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