secwatch / observer
8-K filed May 28, 2026, 4:35 PM ET ticker WWD CIK 0000108312
debt confidence high sentiment neutral materiality 0.60

Woodward, Inc. (WWD): debt financing — Woodward enters $1B revolver and $250M term loan, extends maturity to 2031

Woodward, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Woodward, Inc. incurred term loan of $250 million with Wells Fargo Bank, National Association at adjusted term SOFR plus 0.875% to 1.75% maturing May 28, 2031.

Instrument
term loan
Principal
$250 million
Counterparty
Wells Fargo Bank, National Association
Rate
adjusted term SOFR plus 0.875% to 1.75%
Maturity
May 28, 2031
Event
incurrence
Exact text from the filing
On May 28, 2026, the Company borrowed the term loans under the Term Loan Credit Agreement in a principal amount of $250 million
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Woodward, Inc. incurred revolving credit of up to $1,000,000,000 with Wells Fargo Bank, National Association at adjusted term SOFR (or, for loans denominated in British pounds sterling, SONIA, maturing May 28, 2031.

Instrument
revolving credit
Principal
up to $1,000,000,000
Counterparty
Wells Fargo Bank, National Association
Rate
adjusted term SOFR (or, for loans denominated in British pounds sterling, SONIA,
Maturity
May 28, 2031
Event
incurrence
Exact text from the filing
2026, the Revolving Credit Agreement, among other things, continues the commitments of the lenders thereunder to make revolving loans in an aggregate principal amount of up to $1,000,000,000 and extends the termination date of the revolving loan commitments of all the lenders from October 21, 2027 to May 28, 2031. On May 28, 2026, the Company borrowed revolving loans
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Woodward, Inc. entered into Third Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citibank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co- valued at up to $1,000,000,000 (effective 2026-05-28).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citibank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co-
Value
up to $1,000,000,000
Effective
2026-05-28
Exact text from the filing
On May 28, 2026, Woodward, Inc. (the “Company”) entered into that certain Third Amended and Restated Credit Agreement (the “Revolving Credit Agreement”), by and among the Company, certain foreign subsidiary borrowers of the Company from time to time parties thereto, the institutions from time to time parties thereto, as lenders, Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A., Citibank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co-documentation agents, and Bank of America, N.A., Citibank, N.A. and JPMorgan Chase Bank, N.A., as co-syndication agents.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Woodward, Inc. entered into Term Loan Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co-documentation ag valued at $250 million (effective 2026-05-28).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co-documentation ag
Value
$250 million
Effective
2026-05-28
Exact text from the filing
On May 28, 2026, the Company entered into that certain Term Loan Credit Agreement (the “Term Loan Credit Agreement”), by and among the Company, the institutions from time to time parties thereto, as lenders, Wells Fargo Bank, National Association, as administrative agent, Wells Fargo Securities, LLC, JPMorgan Chase Bank, N.A. and BOFA Securities, Inc., as joint lead arrangers and book runners, HSBC Bank USA, N.A., PNC Bank, National Association, and U.S. Bank National Association, as co-documentation agents, and Bank of America, N.A. and JPMorgan Chase Bank, N.A., as co-syndication agents.
View on SEC.gov

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Woodward, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-26-245352
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