secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2022-01-05T23:59:59+00:00
Accession:  0001140361-22-000657
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec amends credit agreement to replace LIBOR with SONIA and €STR for Sterling and Euro loans
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- Third Amendment to Credit Agreement changes interest rate benchmark from LIBOR to SONIA for Sterling borrowings and to €STR for Euro borrowings, effective December 29, 2021.
- Amendment is procedural, reflecting the transition away from LIBOR; no change to total commitments, covenants, or overall structure of the credit facility.
- The amendment was entered into by Wabtec, borrowing subsidiaries, lenders, and PNC Bank as administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000114036122000657/0001140361-22-000657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000114036122000657/brhc10032558_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-000657

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