{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-050497","form_type":"8-K","ticker":"FTV","cik":"0001659166","company_name":"Fortive Corp","filed_at":"2025-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.235395+00:00","generated_at":"2026-05-21T01:47:38.093960+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Ralliant, Fortive subsidiary, enters $2.05B credit facility contingent on spin-off","bullets":["$700M three-year and $600M eighteen-month senior unsecured delayed draw term loans, plus $750M revolver.","Borrowings conditioned on completion of Ralliant's separation from Fortive via stock distribution.","Interest on Term SOFR loans ranges from 87.5 to 162.5 bps plus SOFR adjustment; base rate loans from 0 to 62.5 bps over prime.","Ralliant must maintain consolidated net leverage ratio of 3.50x or less (may rise to 4.00x for acquisitions over $100M).","Proceeds partly fund cash distribution to Fortive for Precision Technologies asset transfer."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-050497","json":"https://secwatch.observer/filing/0001104659-25-050497.json","markdown":"https://secwatch.observer/filing/0001104659-25-050497.md","text":"https://secwatch.observer/filing/0001104659-25-050497.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1659166/000110465925050497/0001104659-25-050497-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1659166/000110465925050497/tm2515504d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T01:47:38.093960+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}