---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009258"
form_type: "8-K"
ticker: "MOD"
cik: "0000067347"
company_name: "MODINE MANUFACTURING CO"
filed_at: "2025-07-16T23:59:59+00:00"
generated_at: "2026-05-18T06:22:03.128991+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Modine enters $600M credit facility with enhanced leverage covenants; real property collateral released

## Summary
- $400M revolver and $200M term loan; maturity extended to July 2030 (from Oct 2027).
- Net leverage covenant raised to 3.50x from 3.25x; can be temporarily increased to 4.00x for acquisitions.
- Restructuring charge baskets increased to $30M/yr ($90M total) plus $25M/yr ($55M total) for auto exit.
- Existing real property mortgages released; real property excluded from collateral under new facility.
- Fifth Amendment conforms Note Agreement terms to the new credit facility.

## SEC filing metadata
- accession: 0001558370-25-009258
- form_type: 8-K
- ticker: MOD
- cik: 0000067347
- company_name: MODINE MANUFACTURING CO
- filed_at: 2025-07-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/67347/000155837025009258/0001558370-25-009258-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/67347/000155837025009258/mod-20250710x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009258
- JSON: https://secwatch.observer/filing/0001558370-25-009258.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009258.txt

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