---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-055859"
form_type: "8-K"
ticker: "RBC"
cik: "0001324948"
company_name: "RBC Bearings INC"
filed_at: "2021-11-02T23:59:59+00:00"
generated_at: "2026-06-28T14:58:30.245985+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RBC Bearings completes acquisition of ABB's Dodge mechanical power transmission division

## Summary
- Acquired ABB's mechanical power transmission division (Dodge brand) on Nov 1, 2021 for an undisclosed cash purchase price.
- Funded acquisition with $1.3B term loan and $500M revolver from new Wells Fargo-led credit agreement maturing Nov 2, 2026.
- Also issued $500M 4.375% senior notes due 2029 and completed equity offerings (common and mandatory convertible preferred).
- Terminated existing credit agreement with no early termination penalties; new facility has 5.50x max leverage and 2.00x min interest coverage covenants.
- Proceeds used for acquisition, fees, expenses, and general corporate purposes; quarterly amortization of term loan begins March 31, 2022.

## SEC filing metadata
- accession: 0001213900-21-055859
- form_type: 8-K
- ticker: RBC
- cik: 0001324948
- company_name: RBC Bearings INC
- filed_at: 2021-11-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1324948/000121390021055859/0001213900-21-055859-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1324948/000121390021055859/ea149679-8k_rbcbearing.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-055859
- JSON: https://secwatch.observer/filing/0001213900-21-055859.json
- Plain text: https://secwatch.observer/filing/0001213900-21-055859.txt

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