secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2022-12-01T23:59:59+00:00
Accession:  0001104659-22-123317
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord secures $240M incremental term loans and $70M revolver increase for Altra acquisition
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- Incremental term loan commitments of $240M established; revolver increased by $70M to $1.57B.
- Proceeds will finance part of the pending acquisition of Altra Industrial Motion Corp.
- Bridge Facility commitments reduced dollar-for-dollar by the $240M incremental term loans.
- If closing not by Feb 15, 2023, ticking fees of 0.25% (term loans) and 0.15% (revolver) commence.
- Incremental term loan maturity date same as existing Term A-1 loans; quarterly amortization at 1.25%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000110465922123317/0001104659-22-123317-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000110465922123317/tm2231657d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-123317

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