---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-174782"
form_type: "8-K"
ticker: "KMT"
cik: "0000055242"
company_name: "KENNAMETAL INC"
filed_at: "2022-06-15T23:59:59+00:00"
generated_at: "2026-06-25T01:44:56.152049+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Kennametal enters $700M five-year unsecured credit agreement, matures June 2027

## Summary
- Unsecured revolving facility replaces prior credit agreement dated 2018; maturity extended to June 14, 2027.
- Includes sublimits: $50M letters of credit, $100M swingline, $300M multicurrency, $250M foreign borrower.
- Financial covenant requires maximum Consolidated Leverage Ratio of 3.75:1, with temporary adjustments for qualified acquisitions.
- Facility size may be increased by up to $300M with existing lender consent or adding new lenders.
- Use of proceeds for general corporate purposes including working capital, capex, and acquisitions.

## SEC filing metadata
- accession: 0001193125-22-174782
- form_type: 8-K
- ticker: KMT
- cik: 0000055242
- company_name: KENNAMETAL INC
- filed_at: 2022-06-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/55242/000119312522174782/0001193125-22-174782-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/55242/000119312522174782/d339302d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-174782
- JSON: https://secwatch.observer/filing/0001193125-22-174782.json
- Plain text: https://secwatch.observer/filing/0001193125-22-174782.txt

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