secwatch.observer — SEC 8-K summary
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Issuer:     LENNOX INTERNATIONAL INC (LII)
CIK:        0001069202
Form:       8-K
Filed at:   2021-07-15T23:59:59+00:00
Accession:  0001193125-21-216428
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennox International enters $750M revolving credit facility, replacing prior agreement
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- New $750M revolving credit facility with JPMorgan as admin agent; matures July 2026, with two one-year extension options.
- Prior $750M credit agreement terminated and all outstanding obligations repaid as of July 14, 2021.
- Facility includes $65M swingline sublimit, $100M letter-of-credit sublimit, and $40M non-U.S. currency sublimit.
- Up to $350M increase option available subject to lender agreement; covenants include Total Net Leverage Ratio ≤3.50x.
- Four domestic subsidiaries added as guarantors under existing notes; Lennox Switzerland GmbH released as guarantor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069202/000119312521216428/0001193125-21-216428-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069202/000119312521216428/d192243d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-216428

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