secwatch.observer — SEC 8-K summary
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Issuer:     MATTHEWS INTERNATIONAL CORP (MATW)
CIK:        0000063296
Form:       8-K
Filed at:   2026-09-04T20:59:35+00:00
Accession:  0001193125-26-383796
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Matthews International amends credit facility: revolver cut to $650M, covenant relief through 2027
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- Revolving credit facility reduced from $700M to $650M; foreign borrowing capacity cut to $0 from $350M.
- Matthews Europe GmbH released as foreign borrower; no longer party to credit agreement.
- Covenant Relief Period through Dec 31, 2027: leverage ratio max 5.25x to 4.75x, then 4.50x.
- 40% interest in Propelis JV excluded from leverage ratio calculation during relief period.
- No event of default; all other material terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63296/000119312526383796/0001193125-26-383796-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63296/000119312526383796/d182990d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-383796

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