---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-217980"
form_type: "8-K"
ticker: "NOV"
cik: "0001021860"
company_name: "NOV Inc."
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:08:02.031978+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# NOV enters $1.5B 5-year unsecured revolving credit facility, replaces $2B facility due 2025

## Summary
- New $1.5B unsecured revolving credit facility matures September 2029, with two 1-year extension options.
- Replaces $2.0B facility scheduled for October 2025 maturity; no termination penalties incurred.
- Facility can be increased to $2.5B with consent of increasing lenders; Wells Fargo is administrative agent.
- Borrowings bear interest at rates based on credit ratings; Tier 3 margin (BBB/Baa2) initially applies.
- Covenants include maximum capitalization ratio; proceeds for working capital and general corporate purposes.

## SEC filing metadata
- accession: 0001193125-24-217980
- form_type: 8-K
- ticker: NOV
- cik: 0001021860
- company_name: NOV Inc.
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1021860/000119312524217980/0001193125-24-217980-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1021860/000119312524217980/d861898d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-217980
- JSON: https://secwatch.observer/filing/0001193125-24-217980.json
- Plain text: https://secwatch.observer/filing/0001193125-24-217980.txt

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