---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-259374"
form_type: "8-K"
ticker: "PH"
cik: "0000076334"
company_name: "Parker-Hannifin Corp"
filed_at: "2021-08-27T23:59:59+00:00"
generated_at: "2026-06-29T07:25:24.535553+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Parker-Hannifin enters $2B credit agreement to fund Meggitt plc acquisition

## Summary
- $2.0 billion senior unsecured delayed-draw term loan facility entered on August 27, 2021.
- Proceeds will finance part of the cash consideration for the proposed acquisition of Meggitt plc.
- No borrowings were drawn under the facility as of the filing date.
- Commitments terminate upon acquisition closing, deal termination, or February 2, 2023.
- Interest rates based on credit ratings; ticking fee on undrawn amounts begins October 26, 2021.

## SEC filing metadata
- accession: 0001193125-21-259374
- form_type: 8-K
- ticker: PH
- cik: 0000076334
- company_name: Parker-Hannifin Corp
- filed_at: 2021-08-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- 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/76334/000119312521259374/0001193125-21-259374-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/76334/000119312521259374/d203465d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-259374
- JSON: https://secwatch.observer/filing/0001193125-21-259374.json
- Plain text: https://secwatch.observer/filing/0001193125-21-259374.txt

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