---
schema_version: "secwatch.filing_event.v1"
accession: "0001350593-24-000025"
form_type: "8-K"
ticker: "MWA"
cik: "0001350593"
company_name: "Mueller Water Products, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:24:09.972077+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mueller Water extends ABL maturity to 2029, cuts interest 50bps, expands dividend flexibility

## Summary
- Maturity extended from July 29, 2025 to March 28, 2029 or 91 days before June 2029 senior note maturity.
- Interest margins reduced ~50bps to 1.50% (SOFR)/0.50% (base rate) when avg availability >50% of commitments.
- Unused commitment fee: 37.5bps if outstandings ≤50% of commitments, 25bps if >50%.
- Add-backs in EBITDA calculation; new basket for captive insurance subsidiary investments permitted.
- Expanded baskets for cash dividends on common stock in fiscal years 2026-2029.

## SEC filing metadata
- accession: 0001350593-24-000025
- form_type: 8-K
- ticker: MWA
- cik: 0001350593
- company_name: Mueller Water Products, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1350593/000135059324000025/0001350593-24-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1350593/000135059324000025/mwa-20240328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001350593-24-000025
- JSON: https://secwatch.observer/filing/0001350593-24-000025.json
- Plain text: https://secwatch.observer/filing/0001350593-24-000025.txt

## Key facts
- Material Agreements
  Mueller Water Products, Inc. amended ABL Agreement (effective 2024-03-28).
  - Action: amendment
  - Agreement: credit facility
  - Effective: 2024-03-28
  source text: On March 28, 2024, Mueller Water Products, Inc. (the “Company”) amended its asset based lending credit agreement (the “ABL Agreement”) to, among other things, (i) extend its maturity date from July 29, 2025 to the earlier of (a) March 28, 2029
  evidence_url: https://www.sec.gov/Archives/edgar/data/1350593/000135059324000025/0001350593-24-000025-index.htm

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