---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-090929"
form_type: "8-K"
ticker: "CXT"
cik: "0000025445"
company_name: "Crane NXT, Co."
filed_at: "2023-04-04T23:59:59+00:00"
generated_at: "2026-06-17T06:40:11.335168+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Crane NXT redeems $275M 4.450% Senior Notes due 2023 in full

## Summary
- Redeemed all outstanding 4.450% Senior Notes due 2023 on April 4, 2023.
- Used $275M dividend from subsidiary Crane Company plus cash on hand for redemption.
- Redemption at 100% of principal amount plus accrued and unpaid interest.
- Principal amount of notes estimated at $275M based on dividend size.

## SEC filing metadata
- accession: 0001193125-23-090929
- form_type: 8-K
- ticker: CXT
- cik: 0000025445
- company_name: Crane NXT, Co.
- filed_at: 2023-04-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/25445/000119312523090929/0001193125-23-090929-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/25445/000119312523090929/d399910d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-090929
- JSON: https://secwatch.observer/filing/0001193125-23-090929.json
- Plain text: https://secwatch.observer/filing/0001193125-23-090929.txt

## Key facts
- Material Agreements
  Crane NXT, Co. terminated 4.450% Senior Notes due 2023 with U.S. Bank Trust Company, National Association valued at Principal amount of the 2023 Notes redeemed in full (effective 2023-04-04).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: Principal amount of the 2023 Notes redeemed in full
  - Effective: 2023-04-04
  source text: On April 4, 2023, the 2023 Notes were redeemed in full by the Company using the proceeds of the Dividend, together with cash on hand, at a price equal to 100% of the principal amount of the 2023 Notes, plus accrued and unpaid interest thereon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/25445/000119312523090929/0001193125-23-090929-index.htm

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