secwatch.observer — SEC 8-K summary
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Issuer:     ILLINOIS TOOL WORKS INC (ITW)
CIK:        0000049826
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0001193125-26-061771
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ITW enters $3B five-year credit facility, replaces existing revolver
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- $3.0B five-year credit agreement with JPMorgan Chase as Agent and Citibank as Syndication Agent.
- No amounts outstanding under new or replaced facility as of February 20, 2026.
- Borrowings in USD at floating rate or Term SOFR plus margin of 0.625%–1.00% based on credit rating.
- Company may request increase of total facility up to $5.0B at lenders' discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/49826/000119312526061771/0001193125-26-061771-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/49826/000119312526061771/d64548d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-061771

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