{"schema_version":"secwatch.filing_event.v1","accession":"0001417398-25-000186","form_type":"8-K","ticker":null,"cik":"0001417398","company_name":"Hillenbrand, Inc.","filed_at":"2025-07-09T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.937127+00:00","generated_at":"2026-05-18T08:52:04.800238+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hillenbrand enters $700M revolver, $175M term loan, €240M delayed-draw facility","bullets":["New $700M revolving credit facility replaces prior $1B revolver; includes $175M USD term loan drawn on July 9, 2025.","€240M euro-denominated delayed-draw term loan available to refinance 4.500% notes due Sep 2026.","Maturity extended to July 9, 2030, with two optional one-year extensions.","Leverage ratio covenants step down from 4.00x to 3.50x through June 2026; higher thresholds if LG condition satisfied.","Credit agreement is unsecured but requires collateral if a Collateral Springing Event occurs before Jan 1, 2027."],"urls":{"canonical":"https://secwatch.observer/filing/0001417398-25-000186","json":"https://secwatch.observer/filing/0001417398-25-000186.json","markdown":"https://secwatch.observer/filing/0001417398-25-000186.md","text":"https://secwatch.observer/filing/0001417398-25-000186.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/hi-20250709.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T08:52:04.800238+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"398860ac2e10496497879e14aa00a24421c3667f","claim":"Hillenbrand, Inc. incurred term loan of up to €240 million with JPMorgan Chase Bank, N.A. and J.P. Morgan SE at the Euro interbank offered rate plus a margin based on the Company’s Leverage Ra maturing July 9, 2030.","evidence_excerpt":"a Euro-denominated delayed-draw term loan facility available to Hillenbrand Switzerland GmbH, a wholly owned subsidiary of the Company, providing for term loans in an aggregate principal amount of up to €240 million (the “Euro Term Loans”)","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"up to €240 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. and J.P. Morgan SE"},{"label":"Rate","value":"the Euro interbank offered rate plus a margin based on the Company’s Leverage Ra"},{"label":"Maturity","value":"July 9, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"5f068d85b71467649063c9b7b6952ac3af17b42c","claim":"Hillenbrand, Inc. incurred term loan of $175 million term loan facility with JPMorgan Chase Bank, N.A. and J.P. Morgan SE at the Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company maturing July 9, 2030.","evidence_excerpt":"a U.S. Dollar-denominated $175 million term loan facility (the “Dollar Term Loans”) drawn by the Company on the Effective Date to refinance the U.S. Dollar-denominated term loans outstanding under the Prior Credit Agreement","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$175 million term loan facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. and J.P. Morgan SE"},{"label":"Rate","value":"the Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company"},{"label":"Maturity","value":"July 9, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"81d87e1d1d694f6b815009c88b34f529d0ade707","claim":"Hillenbrand, Inc. amended credit facility of $700 million revolving credit facility with JPMorgan Chase Bank, N.A. and J.P. Morgan SE at Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company’s L maturing July 9, 2030.","evidence_excerpt":"amends and restates the Company’s Fourth Amended and Restated Credit Agreement, dated as of June 8, 2022 (the “Prior Credit Agreement”). The Credit Agreement provides for a $700 million revolving credit facility (the “Revolving Credit Facility”), which may be increased, subject to the approval of the lenders providing the additional loans or commitments, by an","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$700 million revolving credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A. and J.P. Morgan SE"},{"label":"Rate","value":"Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company’s L"},{"label":"Maturity","value":"July 9, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}