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Form 8-K · Current Report · Filed 2024-03-20

Barnes Group Inc. Refinancing Credit Agreement

On March 19, 2024, Barnes Group Inc. entered into a Refinancing Amendment to its Credit Agreement, replacing its existing $648,375,000 term loans with new term loans having reduced interest rates. The new term loans, issued with a reduced interest rate margin, were used to refinance the existing term loans. The ABR loans now have an interest rate margin of 1.50%, and the Term SOFR loans have an interest rate margin of 2.50%, both with a Term SOFR floor of 0.0%. The maturity of the new term loans remains August 31, 2030.

Filer
B B
Filed
Accession
0001140361-24-014363
CIK
0000756894
Signal
Medium impact

Items reported

Item 1.01

Entry into a Material Definitive Agreement

Financial Instrument Agreement
Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$15.25

Next session

+3.7%

Since filing

+140.9%

Latest close

$36.73

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from B reporting the same item, with the next session's move:

Exhibits (1)

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