secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001193125-22-311037
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries issues $1.97B in notes to fund $4.4B acquisition of Granite Holdings
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- Issued $1.46B senior secured notes at 7.50%, due 2030, and $510M senior unsecured notes at 9.50%, due 2031.
- Proceeds deposited in escrow; special mandatory redemption if acquisition not closed by Nov 15, 2023.
- Notes issued to finance $4.4B acquisition of Granite Holdings II B.V., a global air and gas handling provider.
- Interest payable Jan 1 and Jul 1, starting Jul 1, 2023; notes callable on or after Jan 1, 2026.
- Notes are fully and unconditionally guaranteed by Chart's domestic restricted subsidiaries.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000119312522311037/0001193125-22-311037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000119312522311037/d416910d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-311037

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