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Form 8-K · Current Report · Filed 2025-05-05

Pentair plc Amends Credit Agreement

Pentair plc, through its subsidiaries Pentair Finance S.à r.l.

Filer
Pentair plc PNR · NYSE
Filed
Accession
0001104659-25-044512
CIK
0000077360
Signal
Medium impactIndustrials

Details

and Pentair, Inc., has entered into a Second Amended and Restated Credit Agreement, providing for a $900.0 million senior unsecured revolving credit facility effective May 5, 2025. The facility includes financial covenants and customary events of default, with no financial statements or pro forma information provided as part of this filing.

Items reported

Item 2.03

Creation of a Direct Financial Obligation

Credit Facility Entered
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$93.29

Next session

-1.8%

Since filing

-26.2%

Latest close

$68.89

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

Precedent

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

Pentair plc Reports Strong Q1 2025 Results with EPS Growth and Dividend Increase+11.1%
Pentair plc Reports Fourth Quarter and Full Year 2024 Results with Strong Margin Expansion-3.8%
Pentair Reports Strong Third Quarter 2024 Results-0.4%

Exhibits (1)

About Pentair plc

Pentair plc is a global diversified industrial company specializing in water treatment solutions. The primary function of Pentair is to provide residential, commercial, and industrial water and wastewater treatment systems, ensuring clean and safe water access. Key sectors that Pentair impacts include residential water supply, agricultural irrigation, industrial water treatment processes, and pool and spa equipment. Pentair's offerings encompass a broad range of products, such as water filtration systems, pool pumps, and aquaculture solutions, addressing diverse needs from water softening to stormwater management. In the financial market, Pentair holds significance as a leader in the water solutions industry, adapting to global challenges like water scarcity and environmental regulations. Headquartered in the UK, with operational centers in North America, Europe, and Asia, Pentair is positioned to meet the increasing demand for efficient water management solutions worldwide. The company's long-standing expertise, innovation in sustainable water technologies, and international reach solidify its role as a vital player in promoting water quality and conservation across various sectors.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

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