secwatch.observer — SEC 8-K summary
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Issuer:     Knowles Corp (KN)
CIK:        0001587523
Form:       8-K
Filed at:   2023-09-28T23:59:59+00:00
Accession:  0001587523-23-000077
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Knowles amends credit agreement to permit $122.9M seller note for Cornell Dubilier acquisition
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- Amendment permits Knowles to incur up to $122.9M seller note secured by assets acquired in Cornell Dubilier acquisition.
- Seller note matures two years from effective date; collateral pledge under credit agreement extended to 90 days after maturity.
- Dispositions and investments into Knowles PD Holdings and acquired subsidiaries capped at $80M aggregate until note maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1587523/000158752323000077/0001587523-23-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1587523/000158752323000077/kn-20230925.htm
  HTML page:      https://secwatch.observer/filing/0001587523-23-000077

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