--- schema_version: "secwatch.filing_event.v1" accession: "0001140361-26-004227" form_type: "8-K" ticker: "ETN" cik: "0001551182" company_name: "Eaton Corp plc" filed_at: "2026-02-06T23:59:59+00:00" generated_at: "2026-05-16T04:05:13.786223+00:00" event_type: "debt" sentiment: "neutral" materiality_score: 0.45 calibrated_materiality_score: 0.45 confidence: "high" source: SEC EDGAR --- # Eaton increases revolver to $4B and adds $8B term loan facility due Dec 31, 2026 ## Summary - 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. ## SEC filing metadata - accession: 0001140361-26-004227 - form_type: 8-K - ticker: ETN - cik: 0001551182 - company_name: Eaton Corp plc - filed_at: 2026-02-06T23:59:59+00:00 - event_type: debt - sentiment: neutral - materiality_score: 0.45 - calibrated_materiality_score: 0.45 - confidence: high - sec_items: 1.01, 2.03, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/0001140361-26-004227-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/ef20064951_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001140361-26-004227 - JSON: https://secwatch.observer/filing/0001140361-26-004227.json - Plain text: https://secwatch.observer/filing/0001140361-26-004227.txt ## Key facts - Debt Financings 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 source text: 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 ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/0001140361-26-004227-index.htm - Debt Financings 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/0001140361-26-004227-index.htm - Material Agreements 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 source text: 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 ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/0001140361-26-004227-index.htm - Material Agreements 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 source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1551182/000114036126004227/0001140361-26-004227-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.