Parker Hannifin replaces revolving credit agreement, lifts credit line to $5 billion

PUBT · 3d ago
Parker Hannifin replaces revolving credit agreement, lifts credit line to $5 billion
  • Parker entered a new revolving credit agreement on Sept. 4, 2026, replacing its prior facility.
  • Total revolving line increased to USD 5 billion.
  • Commercial paper program size lifted to USD 5 billion, supported by unused capacity under its credit facilities.
  • Plans a three-year delayed draw term loan facility of up to USD 2 billion to help fund a USD 2.55 billion CIRCOR aerospace acquisition.
  • Term loan would allow one draw at closing, up to two additional draws post-closing, subject to conditions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parker Hannifin Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-384428), on September 08, 2026, and is solely responsible for the information contained therein.