secwatch / observer
8-K filed November 20, 2025, 6:59 PM ET ticker CRS CIK 0000017843
debt confidence high sentiment neutral materiality 0.55

CARPENTER TECHNOLOGY CORP (CRS): debt financing — Carpenter Technology closes $700M 5.625% notes due 2034 and upsizes credit facility to $500M unsecured

CARPENTER TECHNOLOGY CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CARPENTER TECHNOLOGY CORP incurred senior notes of $700.0 million with U.S. Bank Trust Company, National Association, as trustee at 5.625% maturing March 1, 2034.

Instrument
senior notes
Principal
$700.0 million
Counterparty
U.S. Bank Trust Company, National Association, as trustee
Rate
5.625%
Maturity
March 1, 2034
Event
incurrence
Exact text from the filing
On November 20, 2025, Carpenter Technology Corporation (the “Company”) completed its previously announced offer and sale of $700.0 million aggregate principal amount of 5.625% senior notes due 2034 (the “Notes”).
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Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CARPENTER TECHNOLOGY CORP amended credit facility of $500 million with Bank of America, N.A., as administrative agent maturing the fifth anniversary of the closing of the Amendment.

Instrument
credit facility
Principal
$500 million
Counterparty
Bank of America, N.A., as administrative agent
Maturity
the fifth anniversary of the closing of the Amendment
Event
amendment
Exact text from the filing
On November 20, 2025, the Company, Bank of America, N.A., as administrative agent, swing line lender and letter of credit issuer and the other lenders, agents and arrangers party to the Second Amended and Restated Credit Agreement (the “Credit Facility”), entered into an amendment and restatement of the Credit Facility (the “Amendment”). The Amendment (i) increases the revolving commitments under the Credit Facility from $350 million of secured commitments to $500 million of unsecured commitments, (ii) increases the uncommitted accordion feature under the Credit Facility allowing for an increase to the revolving commitments and/or the establishment of new term loans by an aggregate amount not to exceed $650 million, (iii) extends the maturity date of the Credit Facility to the fifth anniversary of the closing of the Amendment, and (iv) modifies certain other terms and covenants of the Credit Facility, including interest rates and financial covenant levels.
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311 debt financings filed in the last 30 days. Browse all debt financings →

CARPENTER TECHNOLOGY CORP filing history →

Source: SEC EDGAR
accession 0001104659-25-114628
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