AI brief of an SEC Form 8-K · Graco (GGG)

Graco extends $750 million revolving credit facility to October 2029

Neutral Impact 2 of 5 financing Written later

Graco Inc. amended its Amended and Restated Credit Agreement on October 25, 2024, extending the maturity of its $750 million unsecured revolving credit facility from March 25, 2026 to October 25, 2029. The amendment also removes margin and facility fee adjustments that would have applied after a significant acquisition completed before December 31, 2023, which gives the company a longer, more predictable borrowing period.

Key points

  • Maturity of the $750 million unsecured revolving credit facility extended from March 25, 2026 to October 25, 2029
  • Amendment No. 3 signed with U.S. Bank National Association as administrative agent
  • Removes pricing adjustments to base rate and non-base rate loan margins and the facility fee rate tied to a significant acquisition
  • Full terms are in Exhibit 10.1 of the filing

The filing

CompanyGraco (GGG)
Form8-K, current report
Filed with the SECOct 25, 2024, 11:43 AM ET
Accession number0001193125-24-243844

Items reported: 1.01 Material Definitive Agreement

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 October 25, 2024.

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.