secwatch.observer — SEC 8-K summary
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Issuer:     Fortune Brands Innovations, Inc. (FBIN)
CIK:        0001519751
Form:       8-K
Filed at:   2026-01-20T23:59:59+00:00
Accession:  0001193125-26-016048
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortune Brands enters into $1.25B five-year revolving credit facility maturing 2031
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- New $1.25B unsecured revolving credit facility replaces prior 2022 agreement; matures Jan 16, 2031.
- Company may request two one-year extensions and incremental commitments up to $750M.
- Interest margins based on credit ratings: base rate 0.0%-0.30%, SOFR 0.80%-1.30%.
- Financial covenants: min EBITDA/interest 3.0x, max leverage (debt minus cash/EBITDA) 3.5x.
- Proceeds for general corporate purposes, including as liquidity backstop for commercial paper program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519751/000119312526016048/0001193125-26-016048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519751/000119312526016048/fbin-20260116.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-016048

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