{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-24-002372","form_type":"8-K","ticker":"ALNT","cik":"0000046129","company_name":"ALLIENT INC","filed_at":"2024-03-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.622678+00:00","generated_at":"2026-06-05T05:05:00.977424+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Allient enters new $280M revolver due 2029 and $150M private shelf facility","bullets":["New $280M revolving credit facility matures March 1, 2029; replaces existing $280M facility.","$50M accordion feature; interest at SOFR +1.25%-2.50% or ABR +0.25%-1.50% based on leverage.","Entered $150M private shelf agreement with PGIM for senior notes up to 10.5 years, available through March 2027.","Financial covenants: min interest coverage 3.0x, max leverage 4.25x (3.75x after 2024); temporary increase for acquisitions.","Prior $280M facility terminated and all outstanding obligations repaid."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-24-002372","json":"https://secwatch.observer/filing/0001558370-24-002372.json","markdown":"https://secwatch.observer/filing/0001558370-24-002372.md","text":"https://secwatch.observer/filing/0001558370-24-002372.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46129/000155837024002372/0001558370-24-002372-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46129/000155837024002372/alnt-20240301x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:05:00.977424+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":"cde889558fe671d9c77232deeffc4d642c0612eb","claim":"ALLIENT INC incurred revolving credit of up to $280 million with HSBC Bank USA, National Association, as Administrative Agent at Term SOFR Rate plus a margin of 1.25% to 2.50% or Alternative Base Rate plus a m maturing March 1, 2029.","evidence_excerpt":"TD Bank, N.A. and PNC Capital Markets LLC, as Joint Lead Arrangers, and Citizens Bank, N.A., as Syndication Agent. The Revolving Facility replaced the Company’s existing $280 million revolving credit facility (the “Existing Revolving Facility”), dated as of August 23, 2022, by any among the Company, HSBC Bank USA, National Association, as Administrative","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/46129/000155837024002372/0001558370-24-002372-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"up to $280 million"},{"label":"Counterparty","value":"HSBC Bank USA, National Association, as Administrative Agent"},{"label":"Rate","value":"Term SOFR Rate plus a margin of 1.25% to 2.50% or Alternative Base Rate plus a m"},{"label":"Maturity","value":"March 1, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"62ede9c5c3499ddb7526d1c60273771a6280b706","claim":"ALLIENT INC entered into Note Purchase and Private Shelf Agreement with PGIM, Inc. and certain of its affiliates valued at $150 million (effective 2024-03-01).","evidence_excerpt":"On March 1, 2024, Allient Inc. (the “Company”) entered into a Note Purchase and Private Shelf Agreement (the “Agreement”) by and among the Company, PGIM, Inc. (“Prudential”) and certain of its affiliates (the “Prudential Affiliates”) party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46129/000155837024002372/0001558370-24-002372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"PGIM, Inc. and certain of its affiliates"},{"label":"Value","value":"$150 million"},{"label":"Effective","value":"2024-03-01"}],"fact_type":"material_agreement"},{"claim_id":"e4bc21d6ceb801029e27931831109e3f0d46a63a","claim":"ALLIENT INC amended Third Amended and Restated Credit Agreement with HSBC Bank USA, National Association, as Administrative Agent, and the lenders from time to time party thereto valued at $280 million (effective 2024-03-01).","evidence_excerpt":"On March 1, 2024, Allient Inc. and one of its subsidiaries, Allied Motion Technologies B.V. (together, the “Company”) entered into a Third Amended and Restated Credit Agreement (the “Revolving Facility”) with HSBC Bank USA, National Association, as Administrative Agent, the lenders from time to time party thereto, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, TD Bank, N.A. and PNC Capital Markets LLC, as Joint Lead Arrangers, and Citizens Bank, N.A., as Syndication Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46129/000155837024002372/0001558370-24-002372-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"HSBC Bank USA, National Association, as Administrative Agent, and the lenders from time to time party thereto"},{"label":"Value","value":"$280 million"},{"label":"Effective","value":"2024-03-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}