secwatch.observer — SEC 8-K summary
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Issuer:     STANLEY BLACK & DECKER, INC. (SWK)
CIK:        0000093556
Form:       8-K
Filed at:   2026-06-24T20:15:28+00:00
Accession:  0001193125-26-281077
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stanley Black & Decker enters $1B 364-day and $2B five-year credit facilities, prior $1B facility terminated
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- New $1.0B 364-day revolving credit facility, maturing June 17, 2027.
- Amended $2.0B five-year revolving credit facility maturing June 18, 2031.
- Prior $1.0B 364-day credit agreement dated June 23, 2025 was terminated.
- Both facilities undrawn at closing; proceeds for general corporate purposes.
- Interest coverage covenant: ≥3.50x (2.50x through Q2 2026); addback cap $250M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/93556/000119312526281077/0001193125-26-281077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/93556/000119312526281077/d49687d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-281077

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