---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-055654"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2026-05-05T23:59:59+00:00"
generated_at: "2026-05-14T23:37:32.702668+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Modine amends credit agreement to enable spin-off of Performance Technologies

## Summary
- Amendment permits separation, disposition and spin-off of Performance Technologies business (PT Transaction) per Jan 29, 2026 merger agreement.
- Newly formed escrow subsidiary may incur indebtedness; proceeds held in escrow pending PT Transaction closing.
- Mandatory prepayment of loans with 100% of net proceeds from such indebtedness upon release from escrow.
- Negative covenants revised to permit investments, restricted payments, asset transfers and affiliate transactions related to PT Transaction.

## SEC filing metadata
- accession: 0001104659-26-055654
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2026-05-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000110465926055654/0001104659-26-055654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000110465926055654/mod-20260430x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-055654
- JSON: https://secwatch.observer/filing/0001104659-26-055654.json
- Plain text: https://secwatch.observer/filing/0001104659-26-055654.txt

## Source-grounded claims
- claim_id: 60add996aef35e4f51852b6e3165b32863680d69
  claim: MODINE MANUFACTURING CO amended Amendment No. 2 with lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent (effective 2026-04-30).
  evidence_excerpt: On April 30, 2026, Modine Manufacturing Company (the “Company”) and Airedale International Air Conditioning Limited, as borrowers (collectively, the “Borrowers”), entered into Amendment No. 2 (the “Amendment”) to the Sixth Amended and Restated Credit Agreement, dated as of July 10, 2025 (as previously amended, the “Credit Agreement”), by and among the Borrowers, the lenders party thereto, and JPMorgan Chase Bank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/67347/000110465926055654/0001104659-26-055654-index.htm

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