secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2023-01-24T23:59:59+00:00
Accession:  0001104659-23-006214
Event type: debt
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord closes $4.7B senior notes offering to fund Altra acquisition
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- Issued $4.7B in senior notes: $1.1B 6.05% 2026, $1.25B 6.05% 2028, $1.1B 6.30% 2030, $1.25B 6.40% 2033.
- Net proceeds of ~$4.647B to finance the Altra merger, repay 2032 notes and Altra debt, and pay fees.
- Special mandatory redemption at 101% if the Altra merger is not closed by April 26, 2024.
- CEO stated the offering was 'exceptionally oversubscribed,' reinforcing bond market support for the merger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000110465923006214/0001104659-23-006214-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000110465923006214/tm234104d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-006214

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