secwatch.observer — SEC 8-K summary
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Issuer:     CRAWFORD & CO (CRD-A)
CIK:        0000025475
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001104659-25-119103
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Crawford & Company upsizes revolving credit facility to $500M; matures Dec 2030
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- Revolving credit facility increased to $500.0 million; maturity extended to Dec 2, 2030.
- UK borrower replaced with Crawford & Company EMEA/AP Management Ltd; prior UK borrower released.
- Sublimits: $250M UK, $125M Canada, $75M Australia; letter of credit sublimit $125M.
- Financial covenants: max leverage ratio 4.50x, min interest coverage 2.50x.
- Facilities secured by first-priority liens on personal property and stock of foreign borrowers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25475/000110465925119103/0001104659-25-119103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25475/000110465925119103/tm2531876d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-119103

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