PARK OHIO INDUSTRIES INC/OH: debt financing — Park-Ohio subsidiary issues $350M 8.5% Senior Secured Notes due 2030

PARK OHIO INDUSTRIES INC/OH

$350M aggregate principal amount of 8.500% Senior Secured Notes due August 1, 2030 issued by Park-Ohio Industries.
Notes bear interest semi-annually, are secured by first-priority lien on equipment and second-priority lien on other assets.
Issuer redeemable after August 1, 2027 at prices declining from 104.25% to 100%; up to 40% may be redeemed with equity proceeds.
Indenture includes customary covenants limiting additional debt, dividends, investments, and asset sales.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PARK OHIO INDUSTRIES INC/OH incurred senior notes of $350 million with Computershare Trust Company, N.A. at 8.500% maturing 2030.

Instrument: senior notes
Principal: $350 million
Counterparty: Computershare Trust Company, N.A.
Rate: 8.500%
Maturity: 2030
Event: incurrence

Exact text from the filing

into an indenture (the “Indenture”) with Computershare Trust Company, N.A., as trustee (the “Trustee”) and notes collateral agent, relating to the issuance by the Issuer of $350 million aggregate principal amount of 8.500% Senior Secured Notes due 2030 (the “Notes”). The Notes were sold on July 31, 2025 in a private transaction exempt from the registration

View on SEC.gov

317 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR

accession 0001193125-25-170513

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.