secwatch.observer — SEC 8-K summary
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Issuer:     PENTAIR plc (PNR)
CIK:        0000077360
Form:       8-K
Filed at:   2025-05-05T23:59:59+00:00
Accession:  0001104659-25-044512
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pentair enters $900M senior unsecured revolving credit facility maturing 2030
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- Five-year $900M senior unsecured revolving credit facility executed May 5, 2025.
- Borrowers: Pentair Finance S.à r.l. and Pentair, Inc.; guaranteed by Pentair plc.
- Outstanding loans at closing: $186.4M; facility replaces prior 2021 credit agreement.
- Financial covenants: max leverage 3.75x (4.25x post-material acquisition), min interest coverage 3.00x.
- Maturity date: May 5, 2030; optional increase up to $450M available.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/77360/000110465925044512/0001104659-25-044512-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/77360/000110465925044512/tm2512937d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-044512

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