---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-360132"
form_type: "8-K"
ticker: "DNOW"
cik: "0001599617"
company_name: "DNOW Inc."
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:07:45.207323+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NOW Inc. amends credit facility: $500M revolver extended to Dec 2026, accordion to $750M

## Summary
- Extended maturity of senior secured credit facility to December 14, 2026, with a $500 million global revolving credit facility.
- Potential to increase facility to $750 million through accordion feature.
- Expanded borrowing base to include pledged cash deposits, increasing availability.
- Interest rate reduced by 0.250% when Fixed Charge Coverage Ratio ≤ 1.50x.
- CEO cites cost savings, record cash levels from working capital, and debt-free balance sheet.

## SEC filing metadata
- accession: 0001193125-21-360132
- form_type: 8-K
- ticker: DNOW
- cik: 0001599617
- company_name: DNOW Inc.
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1599617/000119312521360132/0001193125-21-360132-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1599617/000119312521360132/d233789d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-360132
- JSON: https://secwatch.observer/filing/0001193125-21-360132.json
- Plain text: https://secwatch.observer/filing/0001193125-21-360132.txt

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