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AI brief of an SEC Form 8-K · Flowserve (FLS)

Flowserve amends $1.0 billion credit facility, extends maturity to April 2031

Neutral Impact 3 of 5 financing Written later

Flowserve entered a Third Amended and Restated Credit Agreement with Bank of America as administrative agent, replacing its existing credit agreement. The new facility includes a $1,000.0 million unsecured revolver, a term loan of up to $450.0 million, and a maturity date of April 15, 2031; the filing says the proceeds refinance existing debt and fund general corporate purposes. For shareholders, the filing describes a longer maturity and a new set of covenants, including consolidated net leverage and interest coverage requirements.

Key points

  • New $1,000.0 million unsecured revolving credit facility, with an option to increase by up to $400.0 million subject to lender approval
  • Unsecured term loan of up to $450.0 million; about $450.0 million and about $250.0 million revolver draws made on April 15, 2026
  • Maturity date for revolving and term loans set at April 15, 2031; interest set at Term SOFR plus 1.375% initially
  • Existing Second Amended and Restated Credit Agreement dated October 10, 2024 was terminated as part of the refinancing

The filing

CompanyFlowserve (FLS)
Form8-K, current report
Filed with the SECApr 15, 2026, 4:05 PM ET
Accession number0001193125-26-156982

Items reported: 1.01 Material Definitive Agreement1.02 Termination of Material Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 15, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.