---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-055520"
form_type: "8-K"
ticker: "CMI"
cik: "0000026172"
company_name: "CUMMINS INC"
filed_at: "2025-06-02T23:59:59+00:00"
generated_at: "2026-05-20T03:29:27.437480+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Cummins renews $4B revolving credit facilities; 5-year to 2030, 3-year to 2028

## Summary
- New 5-Year Credit Agreement allows up to $2.0B in revolving loans, swingline loans, letters of credit; matures June 2, 2030.
- New 3-Year Credit Agreement also $2.0B facility; matures June 2, 2028, replacing expired 364-day facility.
- Interest rates tied to Alternate Base Rate, Term SOFR, EURIBOR; Applicable Rate currently 0.75% given A2/A ratings.
- Covenant requires consolidated net debt to total capital ratio not to exceed 0.65:1.
- Borrowings unsecured; Company guarantees subsidiary loans; each facility can be increased by up to $1.0B if conditions met.

## SEC filing metadata
- accession: 0001104659-25-055520
- form_type: 8-K
- ticker: CMI
- cik: 0000026172
- company_name: CUMMINS INC
- filed_at: 2025-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/tm2516646d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-055520
- JSON: https://secwatch.observer/filing/0001104659-25-055520.json
- Plain text: https://secwatch.observer/filing/0001104659-25-055520.txt

## Key facts
- Debt Financings
  CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2030.
  - Instrument: revolving credit
  - Principal: up to $2.0 billion
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 0.50% to 1.00%
  - Maturity: June 2, 2030
  - Event: incurrence
  source text: “5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm
- Debt Financings
  CUMMINS INC incurred revolving credit of up to $2.0 billion with JPMorgan Chase Bank, N.A. at SOFR plus 0.50% to 1.00% maturing June 2, 2028.
  - Instrument: revolving credit
  - Principal: up to $2.0 billion
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 0.50% to 1.00%
  - Maturity: June 2, 2028
  - Event: incurrence
  source text: “5-Year Maturity Date”), the Borrowers may obtain revolving and swingline loans and letters of credit, in each case subject to certain amount limitations, in an amount up to $2.0 billion in the aggregate outstanding at any time prior to the 5-Year Maturity Date. The 5-Year Credit Agreement amends and restates in its entirety that certain Second Amended and
  evidence_url: https://www.sec.gov/Archives/edgar/data/26172/000110465925055520/0001104659-25-055520-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.