---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-006146"
form_type: "8-K"
ticker: "ITRI"
cik: "0000780571"
company_name: "ITRON, INC."
filed_at: "2025-09-29T23:59:59+00:00"
generated_at: "2026-05-17T05:29:48.463143+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Itron enters $750M revolving credit facility maturing 2030

## Summary
- Third amended credit agreement provides $750M multi-currency revolver, includes $300M LC and $50M swingline sub-facilities.
- Revolver matures September 25, 2030; early maturity to April 15, 2030 if convertible notes not settled or extended.
- Interest rate based on SOFR plus margin ranging from 125 to 175 bps depending on total net leverage ratio.
- Covenant limits total net leverage ratio to 4.0x; can increase to 4.75x for four quarters following large acquisitions.

## SEC filing metadata
- accession: 0001171843-25-006146
- form_type: 8-K
- ticker: ITRI
- cik: 0000780571
- company_name: ITRON, INC.
- filed_at: 2025-09-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/780571/000117184325006146/0001171843-25-006146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/780571/000117184325006146/f8k_092625.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-006146
- JSON: https://secwatch.observer/filing/0001171843-25-006146.json
- Plain text: https://secwatch.observer/filing/0001171843-25-006146.txt

## Key facts
- Debt Financings
  ITRON, INC. incurred revolving credit of $750 million at SOFR plus 175.0 bps maturing September 25, 2030.
  - Instrument: revolving credit
  - Principal: $750 million
  - Rate: SOFR plus 175.0 bps
  - Maturity: September 25, 2030
  - Event: incurrence
  source text: Company) entered into a third amended and restated credit agreement (the Credit Agreement) providing for committed credit facilities (the Credit Facilities) in the amount of $750 million. The Credit Agreement consists of a multi-currency revolving line of credit (the Revolver) in the amount of $750 million. The Revolver includes a standby letter of credit
  evidence_url: https://www.sec.gov/Archives/edgar/data/780571/000117184325006146/0001171843-25-006146-index.htm

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