---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-156982"
form_type: "8-K"
ticker: "FLS"
cik: "0000030625"
company_name: "FLOWSERVE CORP"
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:12:35.839913+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Flowserve enters $1.45B credit facility, refinances existing debt

## Summary
- New $1.0B unsecured revolver (incl. $750M LC sublimit, $30M swing line) and $450M term loan, maturing April 15, 2031.
- On closing drew $450M term loan and $250M revolver to refinance existing debt and for general corporate purposes.
- Interest rate on revolver/term loan: Term SOFR + 1.375% (or Base Rate + 0.375%) initially; commitment fee 0.080%-0.250% on unused revolver.
- Covenants include consolidated net leverage ratio and interest coverage; ratings-based pricing grid (Pricing Level 4 initially).
- Existing $1.45B Second Amended and Restated Credit Agreement (Oct 2024) terminated concurrently.

## SEC filing metadata
- accession: 0001193125-26-156982
- form_type: 8-K
- ticker: FLS
- cik: 0000030625
- company_name: FLOWSERVE CORP
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/0001193125-26-156982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/d146367d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-156982
- JSON: https://secwatch.observer/filing/0001193125-26-156982.json
- Plain text: https://secwatch.observer/filing/0001193125-26-156982.txt

## Source-grounded claims
- claim_id: 46513656fba7e1282bf0cfce5ca710b0523ca640
  claim: FLOWSERVE CORP incurred revolving credit of a $1,000.0 million unsecured revolving credit facility with Bank of America, N.A., as administrative agent at Term SOFR plus 1.375% in the case of Term SOFR loans and the Base Rate plus 0.37 maturing April 15, 2031.
  evidence_excerpt: a $1,000.0 million unsecured revolving credit facility (which includes a $750.0 million sublimit for the issuance of letters of credit and a $30.0 million sublimit for swing line loans)
  evidence_url: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/0001193125-26-156982-index.htm
- claim_id: eb5f4174ac000952747a17b195dffd1d1884ae18
  claim: FLOWSERVE CORP incurred term loan of an unsecured term loan facility in the amount up to $450.0 million with Bank of America, N.A., as administrative agent at the initial interest rate on the term loan facility under the Third Amended and maturing April 15, 2031.
  evidence_excerpt: Third Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent On April 15, 2026 (the “Closing Date”), Flowserve Corporation (the “Company”) amended and restated its credit agreement (the “Third Amended and Restated Credit Agreement”) with Bank of America, N.A., as administrative agent, and the other lenders (together, the “Lenders” and each individually, a “Lender”) and letter of credit issuers party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/0001193125-26-156982-index.htm
- claim_id: 5e19a27790e0a002aec0921517e32bfcf87509a8
  claim: FLOWSERVE CORP terminated Existing Credit Agreement with Bank of America, N.A. (effective 2026-04-15).
  evidence_excerpt: The disclosures required by this Item 1.02 are incorporated herein by reference to the disclosures set forth above under Item 1.01 regarding the termination of the Existing Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/0001193125-26-156982-index.htm
- claim_id: a0946e63e9c749a1963351ee653149c8c8a37727
  claim: FLOWSERVE CORP entered into Third Amended and Restated Credit Agreement with Bank of America, N.A. valued at $1,000.0 million unsecured revolving credit facility (effective 2026-04-15).
  evidence_excerpt: Third Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent On April 15, 2026 (the “Closing Date”), Flowserve Corporation (the “Company”) amended and restated its credit agreement (the “Third Amended and Restated Credit Agreement”) with Bank of America, N.A., as administrative agent, and the other lenders (together, the “Lenders” and each individually, a “Lender”) and letter of credit issuers party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/30625/000119312526156982/0001193125-26-156982-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.