secwatch.observer — SEC 8-K summary
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Issuer:     WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP (WAB)
CIK:        0000943452
Form:       8-K
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001140361-22-029959
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabtec expands revolver to $1.5B, adds $250M delayed draw term loan, extends maturity to 2027
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- Revolving credit facility increased from $1.2B to $1.5B.
- New $250M delayed draw term loan facility added.
- Maturity extended from June 2023 to August 2027.
- Pricing grid changed from LIBOR to SOFR; other terms materially unchanged.
- PNC Bank named administrative agent; Citi, HSBC, JPMorgan, TD Bank as co-syndication agents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/943452/000114036122029959/0001140361-22-029959-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/943452/000114036122029959/brhc10040908_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-029959

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