---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-148898"
form_type: "8-K"
ticker: "SWK"
cik: "0000093556"
company_name: "STANLEY BLACK & DECKER, INC."
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T18:52:09.137961+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stanley Black & Decker closes $1.25B 364-day credit facility; amends 5-year covenant to 2.50x

## Summary
- Entered into a $1.25 billion 364-day revolving credit facility with Citibank, BofA, JPMorgan, Wells Fargo, with no initial draws.
- Amended existing 5-year credit agreement: interest coverage ratio reduced from 3.50x to 2.50x through Q2 2026.
- Applicable Adjustment Addbacks (restructuring, M&A, etc.) capped at $250M aggregate for any Adjustment Period.
- Prior $1.25B 364-day credit agreement dated June 28, 2024 was terminated.
- Optional conversion to a term loan on maturity (June 22, 2026) allowed upon fee payment.

## SEC filing metadata
- accession: 0001193125-25-148898
- form_type: 8-K
- ticker: SWK
- cik: 0000093556
- company_name: STANLEY BLACK & DECKER, INC.
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/93556/000119312525148898/0001193125-25-148898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/93556/000119312525148898/d810765d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-148898
- JSON: https://secwatch.observer/filing/0001193125-25-148898.json
- Plain text: https://secwatch.observer/filing/0001193125-25-148898.txt

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