secwatch.observer — SEC 8-K summary
======================================

Issuer:     DOVER Corp (DOV)
CIK:        0000029905
Form:       8-K
Filed at:   2026-04-08T23:59:59+00:00
Accession:  0001193125-26-147940
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dover enters new $1.5B five-year revolving credit facility, replaces existing $1B facility
--------------------------------------------------------------------------------

- New $1.5 billion unsecured revolving credit facility with 5-year maturity (April 2, 2031).
- Replaces existing $1.0 billion five-year facility; prior 364-day facility expired on April 2, 2026.
- Interest rate margins tied to S&P/Moody's ratings: Term Benchmark/RFR spread 0.68%–1.10%; ABR spread 0.00%–0.10%.
- Facility fee rate 0.070%–0.150% on total commitments; uses include working capital and commercial paper backup.
- Mandatory minimum interest coverage ratio of 3.00x EBITDA to net interest expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29905/000119312526147940/0001193125-26-147940-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29905/000119312526147940/d111508d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-147940

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer