Timken refinances revolving credit facility with new $1.2B unsecured facility maturing 2031

Filed July 6, 2026 · Period ending July 2, 2026 · ~1 min read

Key Changes

• high

  Entered new $1.2 billion unsecured revolving credit facility maturing July 2031, replacing prior facility dated December 2022. Interest rates and facility fees tied to company's debt rating via grid pricing.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Facility led by Bank of America and JPMorgan Chase as co-administrative agents. No company assets pledged as collateral under the unsecured structure.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →
• medium

  Agreement includes standard financial covenants requiring maintenance of consolidated net leverage ratio and interest coverage ratio within specified limits.

  Item 1.01 — Entry into a Material Definitive Agreement verify on EDGAR →