Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ILLINOIS TOOL WORKS INC incurred revolving credit of $3.0 billion with JPMorgan Chase Bank, N.A., as Agent at floating rate maturing five years.
- Instrument
- revolving credit
- Principal
- $3.0 billion
- Counterparty
- JPMorgan Chase Bank, N.A., as Agent
- Rate
- floating rate
- Maturity
- five years
- Event
- incurrence
Exact text from the filing
On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ILLINOIS TOOL WORKS INC terminated Credit Agreement with the lenders named therein, and JPMorgan Chase Bank, N.A., as Agent (effective 2026-02-20).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- the lenders named therein, and JPMorgan Chase Bank, N.A., as Agent
- Effective
- 2026-02-20
Exact text from the filing
On February 20, 2026, in connection with the Company’s entry into the Credit Agreement, the existing credit agreement dated October 21, 2022, as amended, by and among the Company, the lenders named therein, and JPMorgan Chase Bank, N.A., as Agent, was terminated.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ILLINOIS TOOL WORKS INC entered into Credit Agreement with JPMorgan Chase Bank, N.A., as Agent, Citibank, N.A. as Syndication Agent, and a syndicate of lenders valued at $3.0 billion (effective 2026-02-20).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as Agent, Citibank, N.A. as Syndication Agent, and a syndicate of lenders
- Value
- $3.0 billion
- Effective
- 2026-02-20
Exact text from the filing
On February 20, 2026, Illinois Tool Works Inc. (the “Company”) entered into a $3.0 billion, five-year credit agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as Agent, Citibank, N.A. as Syndication Agent, both of which served as Joint Lead Arrangers and Joint Bookrunners, and a syndicate of lenders
View on SEC.gov