---
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"
generated_at: "2026-05-18T08:52:04.800238+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hillenbrand enters $700M revolver, $175M term loan, €240M delayed-draw facility

## Summary
- 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.

## SEC filing metadata
- accession: 0001417398-25-000186
- form_type: 8-K
- cik: 0001417398
- company_name: Hillenbrand, Inc.
- filed_at: 2025-07-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001417398-25-000186
- JSON: https://secwatch.observer/filing/0001417398-25-000186.json
- Plain text: https://secwatch.observer/filing/0001417398-25-000186.txt

## Key facts
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: up to €240 million
  - Counterparty: JPMorgan Chase Bank, N.A. and J.P. Morgan SE
  - Rate: the Euro interbank offered rate plus a margin based on the Company’s Leverage Ra
  - Maturity: July 9, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: $175 million term loan facility
  - Counterparty: JPMorgan Chase Bank, N.A. and J.P. Morgan SE
  - Rate: the Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company
  - Maturity: July 9, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $700 million revolving credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. and J.P. Morgan SE
  - Rate: Term SOFR Rate or the Alternate Base Rate plus a margin based on the Company’s L
  - Maturity: July 9, 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1417398/000141739825000186/0001417398-25-000186-index.htm

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