---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-014363"
form_type: "8-K"
ticker: null
cik: "0000009984"
company_name: "BARNES GROUP INC"
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T12:47:26.333516+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Barnes Group refinances $648M term loans at reduced interest rate margins

## Summary
- Refinanced $648,375,000 of existing term loans under a new Amendment No. 2 effective March 19, 2024.
- ABR loan margin reduced from 2.00% to 1.50%; Term SOFR margin reduced from 3.00% to 2.50%.
- Term SOFR adjustment cut from 0.10% to 0.00%; maturity unchanged at August 31, 2030.
- Proceeds used solely to refinance the Existing Term Loans; no change in principal amount.
- BofA Securities, JPMorgan, Wells Fargo, and others served as joint lead arrangers.

## SEC filing metadata
- accession: 0001140361-24-014363
- form_type: 8-K
- cik: 0000009984
- company_name: BARNES GROUP INC
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/9984/000114036124014363/0001140361-24-014363-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9984/000114036124014363/ef20024672_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-014363
- JSON: https://secwatch.observer/filing/0001140361-24-014363.json
- Plain text: https://secwatch.observer/filing/0001140361-24-014363.txt

## Key facts
- Debt Financings
  BARNES GROUP INC amended term loan of $648,375,000 with Bank of America, N.A., as administrative agent and as collateral agent; lenders party thereto at 1.50%, in the case of ABR loans, and 2.50%, in the case of Term SOFR loans (with maturing August 31, 2030.
  - Instrument: term loan
  - Principal: $648,375,000
  - Counterparty: Bank of America, N.A., as administrative agent and as collateral agent; lenders party thereto
  - Rate: 1.50%, in the case of ABR loans, and 2.50%, in the case of Term SOFR loans (with
  - Maturity: August 31, 2030
  - Event: amendment
  source text: as of February 6, 2024, and as otherwise amended, amended and restated, supplemented or otherwise modified, the “Credit Agreement”). Pursuant to the Amendment, the outstanding $648,375,000 principal amount of term loans under the Credit Agreement (the “Existing Term Loans”) were replaced with an equal amount of new term loans (the “New Term Loans”) having
  evidence_url: https://www.sec.gov/Archives/edgar/data/9984/000114036124014363/0001140361-24-014363-index.htm
- Material Agreements
  BARNES GROUP INC amended Refinancing Amendment (Amendment No. 2) with Bank of America, N.A. valued at $648,375,000 (effective 2024-03-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A.
  - Value: $648,375,000
  - Effective: 2024-03-19
  source text: On March 19, 2024, Barnes Group Inc. (“Barnes”) entered into a Refinancing Amendment (Amendment No. 2) (the “Amendment”), by and among Barnes, Barnes Group Switzerland GmbH, a limited liability company ( Gesellschaft mit beschränkter Haftung ) organized under the laws of Switzerland, Barnes Group Acquisition GmbH, a limited liability company ( Gesellschaft mit beschränkter Haftung ) incorporated under the laws of Germany, the lenders party thereto from time to time and Bank of America, N.A., as administrative agent and as collateral agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/9984/000114036124014363/0001140361-24-014363-index.htm

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