secwatch.observer — SEC 8-K summary
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Issuer:     WATTS WATER TECHNOLOGIES INC (WTS)
CIK:        0000795403
Form:       8-K
Filed at:   2024-07-15T23:59:59+00:00
Accession:  0001558370-24-009815
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Watts Water extends $800M revolver maturity to 2029, ups expansion option to $400M
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- Maturity of $800M senior unsecured revolving credit facility extended from March 30, 2026 to July 12, 2029.
- Expansion option increased from prior amount to $400 million.
- Benchmark spread and financial covenants remain unchanged from existing agreement.
- Domestic subsidiaries reaffirmed guaranty under Third Amended and Restated Guaranty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/795403/000155837024009815/0001558370-24-009815-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/795403/000155837024009815/wts-20240712x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-009815

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