---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-092951"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2022-08-19T23:59:59+00:00"
generated_at: "2026-06-23T22:37:52.371423+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cummins enters $2B in new 364-day credit facilities, transitions to SOFR

## Summary
- Fourth Amended 364-Day Credit Agreement increases revolving capacity to $1.5B through August 2023.
- Incremental 364-Day Credit Agreement adds $500M in revolving loans, total $2B available.
- Amendment to 5-Year Credit Agreement replaces LIBOR with SOFR interest rate benchmarks.
- Unsecured debt; financial covenant limits net debt to total capital at 0.65:1.
- Based on A2/A+ ratings, applicable spread on new facilities is 0.625% for benchmark loans.

## SEC filing metadata
- accession: 0001104659-22-092951
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2022-08-19T23:59:59+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/26172/000110465922092951/0001104659-22-092951-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000110465922092951/tm2224159d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-092951
- JSON: https://secwatch.observer/filing/0001104659-22-092951.json
- Plain text: https://secwatch.observer/filing/0001104659-22-092951.txt

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