secwatch.observer — SEC 8-K summary
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Issuer:     Baker Hughes Co (BKR)
CIK:        0001701605
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001193125-25-182691
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Baker Hughes enters $2.6B term loan to finance Chart Industries acquisition
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- $2.6B senior unsecured delayed draw term loan facility entered on August 15, 2025 with Goldman Sachs Bank USA as administrative agent.
- Proceeds will finance the previously announced Chart Industries acquisition under Merger Agreement dated July 28, 2025.
- Borrowings mature 2 years from funding; interest rate = Adjusted Term SOFR + margin (62.5-112.5 bps) based on credit ratings.
- Parent guarantor is Baker Hughes Company; commitments may be reduced by net cash proceeds from certain asset sales before closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525182691/0001193125-25-182691-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1701605/000119312525182691/d883397d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-182691

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