secwatch.observer — SEC 8-K summary
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Issuer:     ROCKWELL AUTOMATION, INC (ROK)
CIK:        0001024478
Form:       8-K
Filed at:   2025-05-19T23:59:59+00:00
Accession:  0001193125-25-122544
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rockwell Automation enters $500M 364-day term loan credit agreement
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- Borrowed $500M on May 16, 2025 under a senior unsecured 364-day term loan facility maturing May 15, 2026.
- Interest rates: base rate plus 0.000%-0.250% margin or term SOFR plus 1.000%-1.250%, based on credit ratings.
- Proceeds used for general corporate purposes; existing $1.5B five-year credit facility remains outstanding and undrawn.
- Covenant requires Consolidated EBITDA to Consolidated Interest Expense ratio of at least 3.00:1.00 for four consecutive quarters.
- Agreement includes customary events of default and acceleration provisions; no restriction on dividend payments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1024478/000119312525122544/0001193125-25-122544-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1024478/000119312525122544/d941992d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-122544

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