{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-064104","form_type":"8-K","ticker":"NVT","cik":"0001720635","company_name":"nVent Electric plc","filed_at":"2025-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.464707+00:00","generated_at":"2026-05-18T13:27:39.380432+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"nVent Electric enters $875M senior unsecured credit facilities, repays prior debt","bullets":["Five-year $275M term loan and $600M revolving credit facility; matures June 30, 2030.","Proceeds used to repay amounts outstanding under April 2023 and June 2024 credit agreements.","Covenants: max net leverage ratio 3.75:1 (4.25:1 post-acquisition); min interest coverage 3.00:1.","Option to increase facilities by up to $300M subject to customary conditions.","Borrowers include nVent Electric, nVent Finance S.à r.l., and Hoffman Schroff Holdings."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-064104","json":"https://secwatch.observer/filing/0001104659-25-064104.json","markdown":"https://secwatch.observer/filing/0001104659-25-064104.md","text":"https://secwatch.observer/filing/0001104659-25-064104.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1720635/000110465925064104/0001104659-25-064104-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1720635/000110465925064104/tm2519343d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T13:27:39.380432+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":[{"claim_id":"ab8b051d1efdb966e4bc0d0ae577c9d4a3c1400a","claim":"nVent Electric plc incurred credit facility of $275.0 million senior unsecured term loan facility and a five-year $600.0 million senior unsecured revolving credit faci with syndicate of banks at adjusted base rate, Term SOFR, EURIBOR, SONIA, or, solely for swingline loans de maturing June 30, 2030.","evidence_excerpt":"On June 30, 2025 (the “Effective Date”), nVent Electric plc (“nVent”) and its subsidiaries nVent Finance S.à r.l. (“nVent Finance”) and Hoffman Schroff Holdings, Inc. (“Hoffman”) entered into a Second Amended and Restated Credit Agreement (the “Credit Agreement”) with a syndicate of banks providing for a five-year $275.0 million senior unsecured term loan facility (the “Term Loan Facility”) and a five-year $600.0 million senior unsecured revolving credit facility (the “Revolving Credit Facility” and, together with the Term Loan Facility, the “Senior Credit Facilities”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1720635/000110465925064104/0001104659-25-064104-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$275.0 million senior unsecured term loan facility and a five-year $600.0 million senior unsecured revolving credit faci"},{"label":"Counterparty","value":"syndicate of banks"},{"label":"Rate","value":"adjusted base rate, Term SOFR, EURIBOR, SONIA, or, solely for swingline loans de"},{"label":"Maturity","value":"June 30, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}