8-K
filed February 6, 2026, 6:59 PM ET
ticker ETN
CIK 0001551182
debt
confidence high
sentiment neutral
materiality 0.45
Eaton increases revolver to $4B and adds $8B term loan facility due Dec 31, 2026
Eaton Corp plc
- Total revolving credit commitments increased from $3B to $4B via Commitment Increase Agreement dated Feb 6, 2026.
- New $8B senior unsecured delayed draw term loan facility entered Feb 6, 2026, maturing Dec 31, 2026.
- Term loan available in single draw upon satisfaction of customary conditions, including no Specified Event of Default.
- Ticking fee payable to lenders based on Eaton's senior unsecured long-term debt rating for period from 60 days after Feb 6 until draw or maturity.
- Guarantee obligations reaffirmed by credit parties; terms of existing revolver otherwise unchanged.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Eaton Corp plc amended revolving credit of increased from $3,000,000,000 to $4,000,000,000 with Citibank, N.A. at not specified maturing not amended.
- Instrument
- revolving credit
- Principal
- increased from $3,000,000,000 to $4,000,000,000
- Counterparty
- Citibank, N.A.
- Rate
- not specified
- Maturity
- not amended
- Event
- amendment
Exact text from the filing
On February 6, 2026, the parties to the Revolving Credit Agreement entered into a Commitment Increase Agreement (the “ Commitment Increase Agreement ”), pursuant to which the aggregate commitments under the Revolving Credit Agreement were increased from $3,000,000,000 to $4,000,000,000 (the “ Commitment Increase ”).
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Eaton Corp plc incurred term loan of $8,000,000,000 with Citibank, N.A. at ticking fee based on senior unsecured long-term debt rating maturing December 31, 2026.
- Instrument
- term loan
- Principal
- $8,000,000,000
- Counterparty
- Citibank, N.A.
- Rate
- ticking fee based on senior unsecured long-term debt rating
- Maturity
- December 31, 2026
- Event
- incurrence
Exact text from the filing
On February 6, 2026, Eaton Corporation entered into an $8,000,000,000 Term Credit Agreement (the “ Term Credit Agreement ”) with the Company, Eaton Capital, and certain other subsidiaries of the Company that become eligible borrowers (collectively, the “ Eligible Borrowers ”), certain subsidiaries of the Company as guarantors, certain banks party thereto as lenders, and Citibank, N.A., as administrative agent for the lenders.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Eaton Corp plc amended Commitment Increase Agreement with Citibank, N.A. valued at Increase of aggregate commitments under Revolving Credit Agreement from $3,000,000,000 to $4,000,000 (effective 2026-02-06).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Citibank, N.A.
- Value
- Increase of aggregate commitments under Revolving Credit Agreement from $3,000,000,000 to $4,000,000
- Effective
- 2026-02-06
Exact text from the filing
On February 6, 2026, the parties to the Revolving Credit Agreement entered into a Commitment Increase Agreement (the “ Commitment Increase Agreement ”), pursuant to which the aggregate commitments under the Revolving Credit Agreement were increased from $3,000,000,000 to $4,000,000,000 (the “ Commitment Increase ”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Eaton Corp plc entered into Term Credit Agreement with Citibank, N.A. valued at $8,000,000,000 senior unsecured delayed draw term loan facility maturing December 31, 2026 (effective 2026-02-06).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Citibank, N.A.
- Value
- $8,000,000,000 senior unsecured delayed draw term loan facility maturing December 31, 2026
- Effective
- 2026-02-06
Exact text from the filing
On February 6, 2026, Eaton Corporation entered into an $8,000,000,000 Term Credit Agreement (the “ Term Credit Agreement ”) with the Company, Eaton Capital, and certain other subsidiaries of the Company that become eligible borrowers (collectively, the “ Eligible Borrowers ”), certain subsidiaries of the Company as guarantors, certain banks party thereto as lenders, and Citibank, N.A., as administrative agent for the lenders.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.