---
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"
generated_at: "2026-05-17T03:18:43.669540+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Textron enters new $1.0B credit facility expiring 2030, replacing prior facility

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-100886
- JSON: https://secwatch.observer/filing/0001104659-25-100886.json
- Plain text: https://secwatch.observer/filing/0001104659-25-100886.txt

## Key facts
- Debt Financings
  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.
  - Instrument: revolving credit
  - Principal: $1.0 billion
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: Term Benchmark Margin which can range from 91 basis points to 130 basis points d
  - Maturity: October 16, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/217346/000110465925100886/0001104659-25-100886-index.htm

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