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[8-K] Eaton Corp plc Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Eaton Corporation plc disclosed that it entered into a Revolving Credit Agreement dated September 29, 2025 with a group of banks, reflecting a new or replacement short‑term committed credit facility. The filing names Citibank, N.A. as Administrative Agent and lists Citibank, N.A., JPMorgan Chase Bank, N.A., and Bank of America, N.A. as joint lead arrangers/joint bookrunners, with JPMorgan as Syndication Agent and Bank of America as Documentation Agent. The 8‑K attaches the agreement as Exhibit 10.1 and includes an Inline XBRL cover page. The disclosure provides the parties and execution date but does not state a facility size, pricing, covenant terms, maturity, or amendments to existing debt.

Eaton Corporation plc ha comunicato di aver stipulato un Accordo di Credito revolving datato 29 settembre 2025 con un gruppo di banche, riflettendo una nuova o sostitutiva facilità di credito a breve termine impegnata. La pratica nomina Citibank, N.A. come Administrative Agent e elenca Citibank, N.A., JPMorgan Chase Bank, N.A. e Bank of America, N.A. come joint lead arrangers/joint bookrunners, con JPMorgan quale Syndication Agent e Bank of America come Documentation Agent. L’8-K allega l’accordo come Exhibit 10.1 e include una pagina di copertina Inline XBRL. La disclosure fornisce le parti e la data di esecuzione ma non indica una dimensione della facility, prezzo, termini di covenant, scadenza o emendamenti al debito esistente.

Eaton Corporation plc informó que entró en un Acuerdo de Crédito Revolvente fechado el 29 de septiembre de 2025 con un grupo de bancos, reflejando una nueva o reemplazo de una facilidad de crédito a corto plazo comprometida. La presentación nombra a Citibank, N.A. como Agente Administrativo y enumera a Citibank, N.A., JPMorgan Chase Bank, N.A. y Bank of America, N.A. como organizadores principales conjuntos/lectores conjuntos, con JPMorgan como Agente de Sindicación y Bank of America como Agente de Documentación. El 8-K adjunta el acuerdo como Exhibit 10.1 e incluye una página de portada Inline XBRL. La divulgación proporciona las partes y la fecha de ejecución, pero no indica el tamaño de la facilidad, la fijación de precios, los términos de los convenants, la madurez o las enmiendas a la deuda existente.

Eaton Corporation plc은 은행 그룹과 함께 2025년 9월 29일자 순환 신용계약을 체결했다고 공시했습니다. 이는 신규 또는 교체된 단기 약정 신용시설을 반영합니다. 공시는 Citibank, N.A.를 Administrative Agent로 명기하고 Citibank, N.A., JPMorgan Chase Bank, N.A., Bank of America, N.A.를 공동 주관/공동 북런너로 기재하며 JPMorgan을 Syndication Agent로, Bank of America를 Documentation Agent로 두고 있습니다. 8-K는 계약서를 Exhibit 10.1로 첨부하고 Inline XBRL 표지 페이지를 포함합니다. 공시는 당사자와 실행 날짜를 제공하지만 시설 규모, 가격, 약정 조건, 만기 또는 기존 채무의 수정은 명시하지 않습니다.

Eaton Corporation plc a divulgué qu'elle a conclu un Accord de Crédit Revolving datant du 29 septembre 2025 avec un groupe de banques, reflétant une nouvelle ou une facilité de crédit à court terme engagée. Le dépôt nomme Citibank, N.A. comme Agent Administratif et répertorie Citibank, N.A., JPMorgan Chase Bank, N.A. et Bank of America, N.A. comme arrangers principaux conjoints/joint bookrunners, JPMorgan en tant qu'Agent de Syndication et Bank of America en tant qu'Agent de Documentation. Le 8-K joint l'accord en tant qu'Exhibit 10.1 et inclut une page de couverture Inline XBRL. La divulgation fournit les parties et la date d'exécution mais n’indique pas la taille de la facilité, le prix, les termes du covenant, l’échéance ou les amendements à la dette existante.

Eaton Corporation plc hat mitgeteilt, dass sie einen revolvierenden Kreditvertrag datiert auf den 29. September 2025 mit einer Gruppe von Banken abgeschlossen hat, der eine neue oder ersetzende kurzfristige verpflichte Kreditfazilität widerspiegelt. Die Einreichung benennt Citibank, N.A. als Administrative Agent und listet Citibank, N.A., JPMorgan Chase Bank, N.A. und Bank of America, N.A. als gemeinsame Leitende Arranger/Gemeinsame Bookrunner auf, wobei JPMorgan als Syndication Agent und Bank of America als Documentation Agent fungieren. Die 8-K hängt den Vertrag als Exhibit 10.1 an und enthält eine Inline XBRL-Titelseite. Die Offenlegung nennt die Parteien und das Ausführungsdatum, gibt jedoch weder die Facility-Größe, Preisgestaltung, Covenant-Bedingungen, Fälligkeit noch Änderungen der bestehenden Schulden an.

Eaton Corporation plc أعلنت أنها أبرمت اتفاقية ائتمان دوّارة بتاريخ 29 سبتمبر 2025 مع مجموعة من البنوك، تعكس تسهيلاً ائتمانياً قصير الأجل ملتزماً جديداً أو بديلاً. تسمي الوثيقة Citibank, N.A. كوكيل إداري وتدرج Citibank, N.A.، JPMorgan Chase Bank, N.A.، وBank of America, N.A. كمنسقين رئيسيين مشتركين/كتاب داعمين مشتركين، مع JPMorgan كوكيل التجميع وBank of America كوكيل التوثيق. تُرفق 8-K الاتفاقية كمعرض 10.1 وتتضمن صفحة غلاف Inline XBRL. يوفر الإفصاح أطراف الاتفاق وتاريخ التنفيذ ولكنه لا يذكر حجم المرفق، التسعير، شروط العهد covenant، الاستحقاق، أو تعديلات الدين القائم.

Eaton Corporation plc披露,其与一组银行签署了自 2025年9月29日 生效的 循环信贷协议,体现了一项新的或替代的短期有承诺的信贷设施。申报中将 Citibank, N.A. 指定为 Administrative Agent,并将 Citibank, N.A.、JPMorgan Chase Bank, N.A.Bank of America, N.A.列为共同主承销/共同簿记转让人,JPMorgan 作为 Syndication Agent,Bank of America 作为 Documentation Agent。8-K 将协议作为 Exhibit 10.1 附件并包含 Inline XBRL 封面页。披露提供了各方及执行日期,但未指明信贷额度规模、定价、契约条款、到期日或对现有债务的修订。

Positive
  • Revolving Credit Agreement executed on September 29, 2025, indicating arranged committed liquidity
  • Major banks named as arrangers/agents: Citibank, N.A., JPMorgan Chase Bank, N.A., and Bank of America, N.A.
  • Agreement attached as Exhibit 10.1, enabling stakeholders to review contract terms
Negative
  • None.

Insights

New revolving credit agreement executed; key banks identified.

The company executed a Revolving Credit Agreement dated September 29, 2025, which establishes committed credit relationships with major global banks led by Citibank, N.A., JPMorgan Chase, and Bank of America. This typically preserves liquidity flexibility for working capital, refinancing or covenant backstops.

The filing does not disclose the facility size, maturity, pricing, or covenant details, so the agreement's direct impact on leverage, interest expense, or near‑term liquidity cannot be determined from this document alone.

Agreement attached as Exhibit 10.1; administrative and agent roles specified.

The 8‑K attaches the full Revolving Credit Agreement (Exhibit 10.1) and names administrative, syndication, lead arranger, and documentation agents, which clarifies legal counterparties and governance for the facility.

Because the filing omits material economic terms, legal reviewers must read Exhibit 10.1 to assess covenants, guaranteed parties, events of default, and amendment mechanics before judging material legal exposure.

Eaton Corporation plc ha comunicato di aver stipulato un Accordo di Credito revolving datato 29 settembre 2025 con un gruppo di banche, riflettendo una nuova o sostitutiva facilità di credito a breve termine impegnata. La pratica nomina Citibank, N.A. come Administrative Agent e elenca Citibank, N.A., JPMorgan Chase Bank, N.A. e Bank of America, N.A. come joint lead arrangers/joint bookrunners, con JPMorgan quale Syndication Agent e Bank of America come Documentation Agent. L’8-K allega l’accordo come Exhibit 10.1 e include una pagina di copertina Inline XBRL. La disclosure fornisce le parti e la data di esecuzione ma non indica una dimensione della facility, prezzo, termini di covenant, scadenza o emendamenti al debito esistente.

Eaton Corporation plc informó que entró en un Acuerdo de Crédito Revolvente fechado el 29 de septiembre de 2025 con un grupo de bancos, reflejando una nueva o reemplazo de una facilidad de crédito a corto plazo comprometida. La presentación nombra a Citibank, N.A. como Agente Administrativo y enumera a Citibank, N.A., JPMorgan Chase Bank, N.A. y Bank of America, N.A. como organizadores principales conjuntos/lectores conjuntos, con JPMorgan como Agente de Sindicación y Bank of America como Agente de Documentación. El 8-K adjunta el acuerdo como Exhibit 10.1 e incluye una página de portada Inline XBRL. La divulgación proporciona las partes y la fecha de ejecución, pero no indica el tamaño de la facilidad, la fijación de precios, los términos de los convenants, la madurez o las enmiendas a la deuda existente.

Eaton Corporation plc은 은행 그룹과 함께 2025년 9월 29일자 순환 신용계약을 체결했다고 공시했습니다. 이는 신규 또는 교체된 단기 약정 신용시설을 반영합니다. 공시는 Citibank, N.A.를 Administrative Agent로 명기하고 Citibank, N.A., JPMorgan Chase Bank, N.A., Bank of America, N.A.를 공동 주관/공동 북런너로 기재하며 JPMorgan을 Syndication Agent로, Bank of America를 Documentation Agent로 두고 있습니다. 8-K는 계약서를 Exhibit 10.1로 첨부하고 Inline XBRL 표지 페이지를 포함합니다. 공시는 당사자와 실행 날짜를 제공하지만 시설 규모, 가격, 약정 조건, 만기 또는 기존 채무의 수정은 명시하지 않습니다.

Eaton Corporation plc a divulgué qu'elle a conclu un Accord de Crédit Revolving datant du 29 septembre 2025 avec un groupe de banques, reflétant une nouvelle ou une facilité de crédit à court terme engagée. Le dépôt nomme Citibank, N.A. comme Agent Administratif et répertorie Citibank, N.A., JPMorgan Chase Bank, N.A. et Bank of America, N.A. comme arrangers principaux conjoints/joint bookrunners, JPMorgan en tant qu'Agent de Syndication et Bank of America en tant qu'Agent de Documentation. Le 8-K joint l'accord en tant qu'Exhibit 10.1 et inclut une page de couverture Inline XBRL. La divulgation fournit les parties et la date d'exécution mais n’indique pas la taille de la facilité, le prix, les termes du covenant, l’échéance ou les amendements à la dette existante.

Eaton Corporation plc hat mitgeteilt, dass sie einen revolvierenden Kreditvertrag datiert auf den 29. September 2025 mit einer Gruppe von Banken abgeschlossen hat, der eine neue oder ersetzende kurzfristige verpflichte Kreditfazilität widerspiegelt. Die Einreichung benennt Citibank, N.A. als Administrative Agent und listet Citibank, N.A., JPMorgan Chase Bank, N.A. und Bank of America, N.A. als gemeinsame Leitende Arranger/Gemeinsame Bookrunner auf, wobei JPMorgan als Syndication Agent und Bank of America als Documentation Agent fungieren. Die 8-K hängt den Vertrag als Exhibit 10.1 an und enthält eine Inline XBRL-Titelseite. Die Offenlegung nennt die Parteien und das Ausführungsdatum, gibt jedoch weder die Facility-Größe, Preisgestaltung, Covenant-Bedingungen, Fälligkeit noch Änderungen der bestehenden Schulden an.


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 29, 2025

EATON CORPORATION plc


(Exact name of registrant as specified in its charter)
Ireland
 
000-54863
 
98-1059235
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
Eaton House, 30 Pembroke Road,
Dublin 4, Ireland
 
 
D04 Y0C2
(Address of principal executive offices)
 
 
(Zip Code)
 
+353 1637 2900
 
(Registrant’s telephone number, including area code)
Not applicable


(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class
 
Trading Symbol
 
Name of each exchange on which registered
Ordinary shares ($0.01 par value)
 
ETN
 
New York Stock Exchange
4.450% Senior Notes due 2030
 
ETN/30
 
New York Stock Exchange
3.625% Senior Notes due 2035
 
ETN/35
  New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 1.01
Entry into a Material Definitive Agreement

On September 29, 2025, Eaton Corporation (“Eaton Corporation”) entered into a $3,000,000,000 Revolving Credit Agreement (the “5-Year Credit Agreement”) with Eaton Corporation plc (the “Company”), Eaton Capital Unlimited Company (“Eaton Capital,” and, together with the Company, Eaton Corporation, and certain other subsidiaries of the Company that become eligible borrowers, the “Borrowers”), certain subsidiaries of the Company as guarantors, certain banks party thereto as lenders, and Citibank, N.A. (“Citibank”), as administrative agent for the lenders. The 5-Year Credit Agreement replaces and supersedes the existing revolving credit facility entered into by Eaton Corporation with Citibank as administrative agent on October 3, 2022 (the “Existing 5-Year Facility”).

The 5-Year Credit Agreement provides for maximum aggregate borrowings of up to $3 billion (increased from $2.5 billion of maximum aggregate borrowings under the Existing 5-Year Facility) and permits the Borrowers to request commitment increases of up to $1 billion from existing lenders or additional banks, subject to customary conditions, including absence of default and accuracy of representations and warranties. The maximum aggregate borrowings were increased under the 5-Year Credit Agreement to account for Eaton Corporation’s termination, as described below under Item 1.02 of this Current Report on Form 8-K, of its 364-Day Revolving Credit Agreement, dated as of September 30, 2024, among Eaton Corporation, the guarantors from time to time party thereto, the several lenders from time to time parties thereto, Citibank, N.A., as Administrative Agent, Citibank, N.A., JPMorgan Chase Bank, N.A. and BofA Securities, Inc., as joint lead arrangers and joint bookrunners, JPMorgan Chase Bank, N.A., as syndication agent and Bank of America, N.A. as documentation agent (the “364-Day Facility”), which permitted an aggregate of $500 million of borrowings by the borrowers thereunder.

As with the Existing 5-Year Facility, under the 5-Year Credit Agreement, Eaton Corporation may request a one-year extension of the maturity date by giving notice to Citibank not more than 60 days’ prior to the maturity date then in effect. Subject to the absence of any default and the accuracy of representations and warranties in the 5-Year Credit Agreement, the maturity date will be extended if banks holding a majority of the commitments thereunder agree to extend their commitments.

The 5-Year Credit Agreement includes customary negative covenants limiting the Borrowers’ and their subsidiaries’ ability to incur debt and liens, among others. It also requires the Borrowers to pay a quarterly facility fee that is dependent on Eaton Corporation’s credit rating and will range from 5 basis points to 12.5 basis points. In addition, the 5-Year Credit Agreement modifies certain other terms previously agreed upon in the Existing 5-Year Facility, for administrative convenience and to enhance flexibility for the Company.  Other terms and conditions of the 5-Year Credit Agreement are substantially similar to the terms of the Existing 5-Year Facility.

The foregoing description of the 5-Year Credit Agreement does not purport to be complete and is qualified in its entirety by reference to the provisions in such 5-Year Credit Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 1.02
Termination of a Material Definitive Agreement

On September 29, 2025, Eaton Corporation terminated the Existing 5-Year Facility. No loans were outstanding thereunder as of such date. Also on September 29, 2025, Eaton Corporation terminated in full all unused commitments under the 364-Day Facility.

Item 2.03
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of the Registrant.

The information set forth in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 2.03.


Item 9.01
Financial Statements and Exhibits.

(d) Exhibits.

Exhibit
No.

Description
10.1
 
Revolving Credit Agreement, dated as of September 29, 2025, among Eaton Corporation, the Other Borrowers and Guarantors from time to time party thereto, the Banks from time to time party thereto, Citibank, N.A., as Administrative Agent, Citibank, N.A., JPMorgan Chase Bank, N.A., and BofA Securities, Inc., as Joint Lead Arrangers and Joint Bookrunners, JPMorgan Chase Bank, N.A., as Syndication Agent, and Bank of America, N.A. as Documentation Agent.
     
104
 
Cover Page Interactive Data File (embedded within the Inline XBRL document).
 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     
Eaton Corporation plc
     
Date:
September 29, 2025
By:
 /s/ Lucy Clark Dougherty
 
     
Lucy Clark Dougherty
     
Executive Vice President and Chief Legal Officer
       



FAQ

What did Eaton (ETN) disclose in the 8-K dated September 29, 2025?

The company disclosed it entered into a Revolving Credit Agreement dated September 29, 2025 and attached the agreement as Exhibit 10.1.

Which banks serve as arrangers and agents on Eaton's credit agreement?

The filing names Citibank, N.A. as Administrative Agent; Citibank, N.A., JPMorgan Chase Bank, N.A., and Bank of America, N.A. as Joint Lead Arrangers and Joint Bookrunners; JPMorgan Chase Bank, N.A. as Syndication Agent; and Bank of America, N.A. as Documentation Agent.

Does the 8-K state the size or maturity of the new credit facility?

No. The 8-K and the summary disclosure do not state the facility size, maturity, pricing, or covenant terms; those details must be read in the attached Exhibit 10.1.

Where can investors find the full terms of the agreement?

The full agreement is attached to the filing as Exhibit 10.1; investors should review that exhibit for contractual terms and obligations.

Did Eaton report changes to its existing debt or other material transactions in this 8-K?

The 8-K only discloses the execution of the Revolving Credit Agreement and the attached exhibit; it does not state any amendments to other debt or additional material transactions.
Eaton

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