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AI brief of an SEC Form 8-K · TE Connectivity (TEL)

TE Connectivity signs $3 billion five-year credit facility, replacing $1.5 billion facility

Neutral Impact 3 of 5 financing Written later

TE Connectivity entered into a new $3 billion five-year senior revolving credit agreement on February 13, 2026, which replaces the existing $1.5 billion facility from April 2024. The new facility will back the company's commercial paper borrowings and matures on February 13, 2031, with options to extend and increase commitments.

Key points

  • New revolving credit commitments total $3,000,000,000, replacing the $1,500,000,000 facility dated April 24, 2024
  • Maturity is February 13, 2031, with two possible one-year extensions and up to $1,000,000,000 in optional commitment increases
  • Facility includes a debt-to-EBITDA covenant of 3.75 to 1.0, or 4.25 to 1.0 after a qualified acquisition
  • The company reported no early termination penalties on the existing facility

The filing

CompanyTE Connectivity (TEL)
Form8-K, current report
Filed with the SECFeb 17, 2026, 6:30 AM ET
Accession number0001104659-26-015617

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, 1:42 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 February 17, 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.