secwatch.observer — SEC 8-K summary
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Issuer:     Fortive Corp (FTV)
CIK:        0001659166
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001104659-26-032724
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortive enters $2.0B revolving credit facility due 2031, replacing 2022 facility
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- New $2.0B 5-year revolving credit facility matures March 17, 2031; no borrowings at closing.
- Facility includes multicurrency borrowing and swing line subfacility; interest based on SOFR + margins.
- Financial covenant: max consolidated net leverage ratio of 3.75x (4.25x after qualified acquisitions).
- Facility replaces existing $2.0B credit agreement due October 2027; includes up to $1.0B increase option.
- Agreement extends maturity by about 3.5 years; credit rating-dependent pricing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1659166/000110465926032724/0001104659-26-032724-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1659166/000110465926032724/tm268842d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-032724

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