---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-113282"
form_type: "8-K"
ticker: "FLEX"
cik: "0000866374"
company_name: "FLEX LTD."
filed_at: "2026-10-02T20:10:24+00:00"
generated_at: "2026-10-12T14:36:23.972513+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Flex signs $3.3B 364-day term loan to fund EPC Power deal, cutting $4.4B bridge dollar-for-dollar

## Summary
- Credit Agreement dated Sept 29, 2026 with Citibank, N.A. as administrative agent provides a $3.3B senior term loan facility; undrawn at closing, single advance during the availability period.
- Loan matures 364 days after funding; interest is Term SOFR or Base Rate plus a margin set by Flex's senior unsecured debt ratings, initially Pricing Level 3: 1.125% (Term SOFR) and 0.125% (Base Rate).
- Proceeds plus cash and other borrowings fund part of the cash consideration for the EPC Power Corp. acquisition under the Sept 3, 2026 Stock Purchase Agreement with ACS Acquisitions, Inc.
- Effectiveness of the facility automatically and permanently reduced, dollar-for-dollar, commitments under Flex's existing $4.4B 364-day bridge facility from the Sept 3, 2026 commitment letter.
- Financial covenants: Debt/EBITDA not above 4.50 to 1.00 and Interest Coverage not below 3.00 to 1.00 at each fiscal quarter-end; no subsidiary guarantees unless Flex elects to add them.

## SEC filing metadata
- accession: 0001104659-26-113282
- form_type: 8-K
- ticker: FLEX
- cik: 0000866374
- company_name: FLEX LTD.
- filed_at: 2026-10-02T20:10:24+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866374/000110465926113282/0001104659-26-113282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866374/000110465926113282/tm2626870d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-113282
- JSON: https://secwatch.observer/filing/0001104659-26-113282.json
- Plain text: https://secwatch.observer/filing/0001104659-26-113282.txt

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