secwatch.observer — SEC 8-K summary
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Issuer:     GRACO INC (GGG)
CIK:        0000042888
Form:       8-K
Filed at:   2024-10-25T23:59:59+00:00
Accession:  0001193125-24-243844
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graco extends $750M revolving credit facility maturity to Oct 2029
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- Extends $750M unsecured revolving credit facility from Mar 2026 to Oct 25, 2029.
- Eliminates margin and facility fee adjustments tied to acquisitions completed before Dec 31, 2023.
- The Northern Trust Company exits as a lender; remaining banks increase commitments.
- Amendment also updates representations, borrowing subsidiary provisions, and standard loan documents.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42888/000119312524243844/0001193125-24-243844-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42888/000119312524243844/d574550d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-243844

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