secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ingersoll Rand Inc. (IR)
CIK:        0001699150
Form:       8-K
Filed at:   2021-10-01T23:59:59+00:00
Accession:  0001140361-21-033154
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Ingersoll Rand subsidiary prepays $400M in Series A term loans, eliminating entire balance
--------------------------------------------------------------------------------

- Gardner Denver prepaid approx. $400M aggregate principal plus accrued interest on Series A term loans on Sept 30, 2021.
- Prepayment covered the entire outstanding balance of the Series A term loans, eliminating that debt.
- Loans originally drawn for general corporate purposes and to provide liquidity amid COVID-19 pandemic.
- Prepayment made by Gardner Denver, Inc., a subsidiary of Ingersoll Rand Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699150/000114036121033154/0001140361-21-033154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699150/000114036121033154/brhc10029470_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-033154

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer