secwatch.observer — SEC 8-K summary
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Issuer:     SPX Technologies, Inc. (SPXC)
CIK:        0000088205
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001104659-24-096375
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPX Technologies upsizes revolving credit facility from $500M to $1.0B
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- Second Amendment increases aggregate revolving commitments to $1.0 billion, up from $500 million.
- New lenders include Truist Bank ($143M), BNP Paribas ($16M), and Regions Bank ($15M).
- Proceeds will finance permitted acquisitions, fees, and general corporate purposes.
- No Default or Event of Default occurred; financial covenants remain in compliance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88205/000110465924096375/0001104659-24-096375-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88205/000110465924096375/tm2423191d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-096375

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