---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-106416"
form_type: "8-K"
ticker: "PFG"
cik: "0001126328"
company_name: "PRINCIPAL FINANCIAL GROUP INC"
filed_at: "2026-09-09T21:36:07+00:00"
generated_at: "2026-09-10T10:06:00.572168+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Principal Financial Group enters $900M five-year credit facility

## Summary
- New $900M revolving credit facility matures Sept 9, 2031; can be increased to $1.3B.
- Refinances existing Oct 2022 facility; removes Term SOFR credit spread adjustment, revises pricing grid.
- No borrowings outstanding; unsecured, guaranteed by PFG and PFSI.
- Financial covenants: minimum Statutory Surplus of $2.885B and Total Debt/Total Capital ratio ≤35%.
- Commitment fee and margin pricing based on PLIC financial strength rating; initial Pricing Level 3.

## SEC filing metadata
- accession: 0001104659-26-106416
- form_type: 8-K
- ticker: PFG
- cik: 0001126328
- company_name: PRINCIPAL FINANCIAL GROUP INC
- filed_at: 2026-09-09T21:36:07+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1126328/000110465926106416/0001104659-26-106416-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1126328/000110465926106416/tm2625118d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-106416
- JSON: https://secwatch.observer/filing/0001104659-26-106416.json
- Plain text: https://secwatch.observer/filing/0001104659-26-106416.txt

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