{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-231513","form_type":"8-K","ticker":"SWK","cik":"0000093556","company_name":"STANLEY BLACK & DECKER, INC.","filed_at":"2023-09-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.086822+00:00","generated_at":"2026-06-10T22:29:31.946025+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Stanley Black & Decker enters $1.5B 364-day credit facility, replaces prior agreements","bullets":["New $1.5B syndicated 364-day revolving credit agreement dated Sept 6, 2023; no borrowings drawn at closing.","Facility matures Sept 4, 2024, with option to convert outstanding advances into a term loan due one year later.","Interest margins tied to credit ratings: EURIBOR margin ranges 0.750%–1.250%; Term SOFR margin ranges 0.850%–1.350%.","Two prior 364-day credit agreements (Sept 2022) terminated upon entry into new facility.","Covenants include maintenance of interest coverage ratio and restrictions on liens, mergers, and sale-leasebacks."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-231513","json":"https://secwatch.observer/filing/0001193125-23-231513.json","markdown":"https://secwatch.observer/filing/0001193125-23-231513.md","text":"https://secwatch.observer/filing/0001193125-23-231513.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/93556/000119312523231513/0001193125-23-231513-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/93556/000119312523231513/d550086d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T22:29:31.946025+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"280707a41886d89b4b3f24e8374dabd123f57163","claim":"STANLEY BLACK & DECKER, INC. entered into Syndicated 364-Day Credit Agreement with each of the initial lenders named therein, Citibank, N.A., as administrative agent valued at $1.5 billion (effective 2023-09-06).","evidence_excerpt":"On September 6, 2023, Stanley Black & Decker, Inc., a Connecticut corporation (the “ Company ”), entered into a syndicated 364-Day Credit Agreement (the “ Syndicated 364-Day Credit Agreement ”) with each of the initial lenders named therein, Citibank, N.A., as administrative agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93556/000119312523231513/0001193125-23-231513-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"each of the initial lenders named therein, Citibank, N.A., as administrative agent"},{"label":"Value","value":"$1.5 billion"},{"label":"Effective","value":"2023-09-06"}],"fact_type":"material_agreement"},{"claim_id":"50e687c852e424317bc16a05b633efc32df8179d","claim":"STANLEY BLACK & DECKER, INC. terminated 364-Day Credit Agreement, dated September 7, 2022, as amended with each of the initial lenders named therein, Citibank, N.A., as administrative agent (effective 2023-09-06).","evidence_excerpt":"the Company terminated that certain 364-Day Credit Agreement, dated September 7, 2022, as amended, with each of the initial lenders named therein, Citibank, N.A., as administrative agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93556/000119312523231513/0001193125-23-231513-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"each of the initial lenders named therein, Citibank, N.A., as administrative agent"},{"label":"Effective","value":"2023-09-06"}],"fact_type":"material_agreement"},{"claim_id":"a6f65da867ba12c6fd727fd2161a68663d36ded6","claim":"STANLEY BLACK & DECKER, INC. terminated Club 364-Day Credit Agreement, dated September 7, 2022, as amended with each of the four initial lenders named therein, Citibank, N.A., as administrative agent (effective 2023-09-06).","evidence_excerpt":"On September 6, 2023, the Company terminated that certain Club 364-Day Credit Agreement, dated September 7, 2022, as amended, with each of the four initial lenders named therein, Citibank, N.A., as administrative agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/93556/000119312523231513/0001193125-23-231513-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"each of the four initial lenders named therein, Citibank, N.A., as administrative agent"},{"label":"Effective","value":"2023-09-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}