{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-100886","form_type":"8-K","ticker":"TXT","cik":"0000217346","company_name":"TEXTRON INC","filed_at":"2025-10-20T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.615862+00:00","generated_at":"2026-05-17T03:18:43.669540+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Textron enters new $1.0B credit facility expiring 2030, replacing prior facility","bullets":["New $1.0B senior unsecured revolving credit facility, may be increased to up to $1.3B.","Facility expires October 16, 2030; two optional one-year extensions available with consent of majority lenders.","Interest margins based on credit ratings; current BBB/Baa2 ratings: Base Rate Margin 14 bps, Term Benchmark Margin 1.14 bps.","Quarterly facility fee of 11 bps at current ratings; up to $100M available for letters of credit.","Replaces the $1.0B 5-year facility that was scheduled to expire October 21, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-100886","json":"https://secwatch.observer/filing/0001104659-25-100886.json","markdown":"https://secwatch.observer/filing/0001104659-25-100886.md","text":"https://secwatch.observer/filing/0001104659-25-100886.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/217346/000110465925100886/0001104659-25-100886-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/217346/000110465925100886/tm2529107d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T03:18:43.669540+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":"6581e04f38c99c8c2ebb597cd54bb7a9cc55c619","claim":"TEXTRON INC incurred revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A. at Term Benchmark Margin which can range from 91 basis points to 130 basis points d maturing October 16, 2030.","evidence_excerpt":"On October 16, 2025, Textron Inc. (“Textron”) entered into a senior unsecured revolving credit facility (the “Facility Agreement”) with the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, in an aggregate principal amount of $1.0 billion.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/217346/000110465925100886/0001104659-25-100886-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Rate","value":"Term Benchmark Margin which can range from 91 basis points to 130 basis points d"},{"label":"Maturity","value":"October 16, 2030"},{"label":"Event","value":"incurrence"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}