secwatch.observer — SEC 8-K summary
======================================

Issuer:     ROPER TECHNOLOGIES INC (ROP)
CIK:        0000882835
Form:       8-K
Filed at:   2022-07-22T23:59:59+00:00
Accession:  0001193125-22-199694
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

Roper enters $3.5B unsecured credit facility, replaces $3.0B prior facility
---------------------------------------------------------------------------

- New $3.5B five-year revolving credit facility includes $150M letter of credit sublimit.
- Prior $3.0B facility terminated with $0 principal outstanding; $27.77M in LCs outstanding.
- SOFR loan pricing spread currently 0.910%; facility fee 0.090% per annum based on current rating.
- Covenant requires Total Debt to Total Capital Ratio of 0.65 to 1.00 or less.
- May request up to $500M incremental term loans or revolving commitments under the facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/882835/000119312522199694/0001193125-22-199694-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/882835/000119312522199694/d291205d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-199694

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer