{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-286159","form_type":"8-K","ticker":"KMT","cik":"0000055242","company_name":"KENNAMETAL INC","filed_at":"2025-11-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.865044+00:00","generated_at":"2026-05-16T18:57:31.474004+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Kennametal enters $650M unsecured 5-year revolving credit facility, maturing Nov 2030","bullets":["Facility replaces existing $650M Sixth Amended Credit Agreement dated June 2022.","Maturity extended to November 17, 2030; financial covenant sets max leverage ratio of 3.75:1.","Borrowings bear interest based on Term SOFR plus applicable margin per pricing grid tied to debt rating.","Includes sublimits: $50M letters of credit, $100M swingline, $300M multicurrency, $250M foreign borrower.","Company and domestic subsidiary guarantee foreign borrower obligations; agreement allows up to $300M increased commitments."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-286159","json":"https://secwatch.observer/filing/0001193125-25-286159.json","markdown":"https://secwatch.observer/filing/0001193125-25-286159.md","text":"https://secwatch.observer/filing/0001193125-25-286159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/55242/000119312525286159/0001193125-25-286159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/55242/000119312525286159/d845048d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T18:57:31.474004+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d3b1c13625448d53625e053bd5d19b830059705","claim":"KENNAMETAL INC incurred revolving credit of $650 million with Bank of America, N.A., as administrative agent at Term SOFR plus the Term SOFR Applicable Margin maturing November 17, 2030.","evidence_excerpt":"On November 17, 2025, Kennametal Inc. (the “Company”) and Kennametal Europe GmbH, a Swiss limited liability company and wholly-owned foreign subsidiary of the Company (“Kennametal Europe”), entered into an unsecured $650 million five-year Seventh Amended and Restated Credit Agreement (the “Agreement”) with the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), Bank of America , N.A., London Branch, as euro swingline lender, PNC Bank, National Association, BNP Paribas and U.S. Bank National Association, as co-syndication agents, Citizens Bank, N.A., as documentation agent, and Bank of America, N.A., as administrative agent.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/55242/000119312525286159/0001193125-25-286159-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$650 million"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent"},{"label":"Rate","value":"Term SOFR plus the Term SOFR Applicable Margin"},{"label":"Maturity","value":"November 17, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}