secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2023-10-02T23:59:59+00:00
Accession:  0001193125-23-249021
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries reduces term loan interest margins by 50 bps in $1.78B refinancing
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- Amendment No. 5 cuts base rate margin to 2.25% and SOFR margin to 3.25%, each down 50 bps.
- New $1.781B Amendment No. 5 Term Loans refinance existing Amendment No. 3 and No. 4 term loans.
- JPMorgan Chase acted as lead arranger; amendment effective October 2, 2023.
- Refinancing achieved through a cashless roll for consenting lenders and new lenders for the balance.
- All other terms of the credit agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000119312523249021/0001193125-23-249021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000119312523249021/d533402d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-249021

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