secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001193125-25-314164
Event type: debt
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin secures $7.75B debt facilities for Filtration Group acquisition
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- 364-day term loan of $5.25B and three-year term loan of $2.5B, both delayed draw.
- Proceeds to fund a portion of consideration for the pending acquisition of Filtration Group.
- No amounts drawn as of Dec. 10, 2025; interest rate based on SOFR plus margin tied to credit rating.
- Covenants include debt-to-capitalization ratio and restrictions on liens, mergers, asset sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000119312525314164/0001193125-25-314164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000119312525314164/d25389d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-314164

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