---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-265934"
form_type: "8-K"
ticker: "FTV"
cik: "0001659166"
company_name: "Fortive Corp"
filed_at: "2022-10-20T23:59:59+00:00"
generated_at: "2026-06-23T02:19:48.421510+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Fortive enters $2.0B revolver and $1.0B term loan agreements; extends maturity to 2027

## Summary
- $2.0B unsecured revolver matures Oct 18, 2027; includes two one-year extension options and a $1.0B increase option.
- $1.0B 364-day delayed-draw term loan; ticking fee of 0.10% on commitments; no borrowings on closing date.
- Interest rates: Term SOFR plus 68.5-110 bps (revolver) and 82.5-107.5 bps (term loan) based on credit ratings.
- Sustainability-linked pricing adjustments: up to 0.04% on interest and 0.01% on facility fees for carbon emission reduction.
- Financial covenant: Consolidated Net Leverage Ratio ≤ 3.50x; steps to 4.00x for four quarters after acquisitions >$250M.

## SEC filing metadata
- accession: 0001193125-22-265934
- form_type: 8-K
- ticker: FTV
- cik: 0001659166
- company_name: Fortive Corp
- filed_at: 2022-10-20T23:59:59+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/1659166/000119312522265934/0001193125-22-265934-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1659166/000119312522265934/d404734d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-265934
- JSON: https://secwatch.observer/filing/0001193125-22-265934.json
- Plain text: https://secwatch.observer/filing/0001193125-22-265934.txt

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