---
schema_version: "secwatch.filing_event.v1"
accession: "0001401257-24-000128"
form_type: "8-K"
ticker: "FET"
cik: "0001401257"
company_name: "FORUM ENERGY TECHNOLOGIES, INC."
filed_at: "2024-10-18T23:59:59+00:00"
generated_at: "2026-05-30T12:44:57.171667+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forum Energy Technologies to issue $100M senior secured bonds to refinance 9% convertible notes due 2025

## Summary
- Forum to issue $100M 5-year senior secured bonds via ABG Sundal Collier; proceeds to redeem all 9% convertible notes due 2025 and repay Variperm seller term loan.
- Credit agreement amended to permit bond issuance; intercreditor agreement governs lien priority between bonds and existing credit facility.
- New bonds' interest rate not disclosed; existing 9% notes carry ~$100M principal due 2025.
- Amendment allows collateral grants from UK/Germany subsidiaries for the new bonds.

## SEC filing metadata
- accession: 0001401257-24-000128
- form_type: 8-K
- ticker: FET
- cik: 0001401257
- company_name: FORUM ENERGY TECHNOLOGIES, INC.
- filed_at: 2024-10-18T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1401257/000140125724000128/0001401257-24-000128-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1401257/000140125724000128/fet-20241014.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001401257-24-000128
- JSON: https://secwatch.observer/filing/0001401257-24-000128.json
- Plain text: https://secwatch.observer/filing/0001401257-24-000128.txt

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