---
schema_version: "secwatch.filing_event.v1"
accession: "0001410578-25-002044"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2025-09-11T23:59:59+00:00"
generated_at: "2026-05-17T06:56:42.782636+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SPX Technologies closes $2.025B senior secured credit facility refinancing, maturing 2030

## Summary
- New facility includes $500M term loan, $1.5B revolver, and $25M foreign credit instrument facility.
- Maturity date extended to September 9, 2030; proceeds used to repay existing credit agreement debt.
- Interest rate margins based on consolidated leverage ratio; range from 1.25% to 1.75% for Term SOFR loans.
- Financial covenants: interest coverage ratio >=3.00x, leverage ratio <=3.75x (4.25x post-acquisition).
- Facility is secured by first-priority pledge of domestic subsidiary stock and 65% of foreign subsidiary stock.

## SEC filing metadata
- accession: 0001410578-25-002044
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2025-09-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000141057825002044/0001410578-25-002044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000141057825002044/tm2525695d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001410578-25-002044
- JSON: https://secwatch.observer/filing/0001410578-25-002044.json
- Plain text: https://secwatch.observer/filing/0001410578-25-002044.txt

## Key facts
- Debt Financings
  SPX Technologies, Inc. amended credit facility of $2.025 billion with Bank of America, N.A. at Term SOFR rate plus an applicable margin maturing September 9, 2030.
  - Instrument: credit facility
  - Principal: $2.025 billion
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR rate plus an applicable margin
  - Maturity: September 9, 2030
  - Event: amendment
  source text: Bank AG, as foreign trade facility agent, and the Administrative Agent. The Amended Credit Agreement provides for committed senior secured financing in the aggregate amount of $2.025 billion, consisting of the following facilities (collectively, the “Senior Credit Facilities”), each with a final maturity of September 9, 2030: · A term loan facility in the aggregate
  evidence_url: https://www.sec.gov/Archives/edgar/data/88205/000141057825002044/0001410578-25-002044-index.htm

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