secwatch.observer — SEC 8-K summary
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Issuer:     KENNAMETAL INC (KMT)
CIK:        0000055242
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0001193125-25-286159
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kennametal enters $650M unsecured 5-year revolving credit facility, maturing Nov 2030
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55242/000119312525286159/0001193125-25-286159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55242/000119312525286159/d845048d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-286159

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