---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-245352"
form_type: "8-K"
ticker: "WWD"
cik: "0000108312"
company_name: "Woodward, Inc."
filed_at: "2026-05-28T20:35:18+00:00"
generated_at: "2026-05-28T20:39:23.569362+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Woodward enters $1B revolver and $250M term loan, extends maturity to 2031

## Summary
- Third Amended and Restated Credit Agreement provides $1B revolving commitments, matures May 28, 2031 (extended from Oct 2027).
- Borrowed $413M under revolver to repay existing debt and fees; $250M term loan fully drawn for working capital and corporate purposes.
- Interest rates at adjusted term SOFR plus 0.875% to 1.75%, quarterly in arrears.
- Revolving facility includes customary covenants including maximum leverage ratio.
- New term loan matures same date (May 28, 2031).

## SEC filing metadata
- accession: 0001193125-26-245352
- form_type: 8-K
- ticker: WWD
- cik: 0000108312
- company_name: Woodward, Inc.
- filed_at: 2026-05-28T20:35:18+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108312/000119312526245352/0001193125-26-245352-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108312/000119312526245352/wwd-20260527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-245352
- JSON: https://secwatch.observer/filing/0001193125-26-245352.json
- Plain text: https://secwatch.observer/filing/0001193125-26-245352.txt

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