---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-003913"
form_type: "8-K"
ticker: "FUL"
cik: "0000039368"
company_name: "FULLER H B CO"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:24:23.551658+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# H.B. Fuller enters $2B credit facilities; refinances existing term loan

## Summary
- New $500M TLA facility (matures Feb 2028) and $800M TLB facility (matures Feb 2030).
- Revolving facility increased to $700M, maturing Feb 2028.
- Proceeds used to repay existing term loan under 2017 credit agreement.
- Interest spreads: 75 bps base rate / 175 bps SOFR initially; adjusted by secured leverage ratio.
- Financial covenants: minimum interest coverage 2.00x; max secured leverage 4.75x (4.50x after June 2024).

## SEC filing metadata
- accession: 0001437749-23-003913
- form_type: 8-K
- ticker: FUL
- cik: 0000039368
- company_name: FULLER H B CO
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/39368/000143774923003913/0001437749-23-003913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/39368/000143774923003913/ful20230215_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-003913
- JSON: https://secwatch.observer/filing/0001437749-23-003913.json
- Plain text: https://secwatch.observer/filing/0001437749-23-003913.txt

## Key facts
- Material Agreements
  FULLER H B CO amended Second Amended and Restated Credit Agreement with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. as administrative agent (effective 2023-02-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. as administrative agent
  - Effective: 2023-02-15
  source text: On February 15, 2023, H.B. Fuller Company, a Minnesota corporation (the “ Company ”), entered into a Second Amended and Restated Credit Agreement with the lenders from time to time party thereto and JPMorgan Chase Bank, N.A. as administrative agent (the “ Administrative Agent ”) (the “ Amended Credit Agreement ”), pursuant to which the Company, the Administrative Agent and the lenders party thereto have amended and restated the Amended and Restated Credit Agreement, dated as of October 20, 2020 (the “ Existing Revolving Credit Agreement ”), as previously amended
  evidence_url: https://www.sec.gov/Archives/edgar/data/39368/000143774923003913/0001437749-23-003913-index.htm

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