secwatch / observer
8-K filed November 6, 2025, 6:59 PM ET ticker DNOW CIK 0001599617
M&A confidence high sentiment positive materiality 0.90

DNOW Inc. (DNOW): M&A transaction — DNOW completes acquisition of MRC Global; expects $70M annual synergies

DNOW Inc.

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

DNOW Inc. incurred credit facility of $850 million with Wells Fargo Bank, National Association maturing November 30, 2030.

Instrument
credit facility
Principal
$850 million
Counterparty
Wells Fargo Bank, National Association
Maturity
November 30, 2030
Event
incurrence
Exact text from the filing
of the Existing Credit Agreement, including, among other things: (i) extending the maturity date under the Existing Credit Agreement to November 30, 2030; (ii) providing for a $850 million revolving credit facility, with an incremental accordion feature that permits increases in aggregate revolving commitments by up to $500 million (for total commitments of up to
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

DNOW Inc. completed an acquisition involving MRC Global Inc. for 0.9489 shares of DNOW common stock (closed 2025-11-06).

Action
acquisition
Counterparty
MRC Global Inc.
Consideration
0.9489 shares of DNOW common stock
Closing
2025-11-06
Exact text from the filing
exceptions: • each eligible share of MRC Global common stock, par value $0.01 per share (“ MRC Global Common Stock ”) was converted automatically into the right to receive 0.9489 shares of DNOW common stock, par value $0.01 per share (“ DNOW Common Stock ”) (the “ Merger Consideration ”), with cash paid in lieu of the issuance of fractional shares; • each
View on SEC.gov

Browse all debt financings →

DNOW Inc. filing history →

Source: SEC EDGAR
accession 0001193125-25-269726
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.