secwatch.observer — SEC 8-K summary
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Issuer:     Xylem Inc. (XYL)
CIK:        0001524472
Form:       8-K
Filed at:   2026-09-29T20:21:40+00:00
Accession:  0001524472-26-000134
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Xylem completes $1.5B senior notes offering to fund Cornell Pump and Roper Pump acquisition
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- $500M of 5.250% notes due 2029, $500M of 5.450% notes due 2032 and $500M of 5.850% notes due 2037; offering closed September 29, 2026.
- Net proceeds plus cash on hand will finance all or part of the purchase price for the previously announced Cornell Pump and Roper Pump acquisition.
- Special mandatory redemption at 101% of principal plus accrued interest if the acquisition is not consummated by August 10, 2027 or the equity purchase agreement is terminated.
- 2032 and 2037 notes pay interest each January 15 and July 15 beginning January 15, 2027; 2029 notes pay March 28 and September 28 beginning March 28, 2027.
- Indenture limits liens, sale-leaseback transactions and mergers; a change of control plus rating downgrades triggers a 101% repurchase offer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524472/000152447226000134/0001524472-26-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524472/000152447226000134/xyl-20260929.htm
  HTML page:      https://secwatch.observer/filing/0001524472-26-000134

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer