RBC term loan $1,300,000,000 still due 2026; revolver extended

Rhea-AI Filing Summary

RBC Bearings Incorporated amended its credit facilities. The company and its subsidiary entered a Second Amendment that extends the expiration of the $500,000,000 revolving credit facility from November 2, 2026 to October 28, 2030 and removes the consolidated interest coverage ratio covenant. All other terms remain in place.

The company’s $1,300,000,000 term loan under the same Credit Agreement is unchanged and remains due on November 2, 2026. The amendment was executed with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto.

Insights

Credit markets analyst

Revolver maturity extended to 2030; covenant removed; term loan unchanged.

RBC Bearings executed a Second Amendment to its Credit Agreement covering a $500,000,000 revolving credit facility and a $1,300,000,000 term loan. The amendment extends the revolver’s expiration from November 2, 2026 to October 28, 2030 and eliminates the consolidated interest coverage ratio covenant.

The company states that all other preexisting terms remain in effect, and the term loan still matures on November 2, 2026. No proceeds or pricing changes are described in the provided excerpt; this reflects a structural update agreed with existing lenders.

Investor attention typically centers on refinancing timelines and covenant frameworks. Here, the revolver’s longer tenor and the removal of one covenant are expressly disclosed; actual effects will depend on ongoing utilization and future disclosures.

8-K Event Classification

2 items: 1.01, 2.03

2 items

Item 1.01 Entry into a Material Definitive Agreement Business

The company signed a significant contract such as a merger agreement, credit facility, or major partnership.

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

The company incurred a new significant debt or off-balance-sheet obligation.

Understanding 8-K Material Events →

false 0001324948 0001324948 2025-10-28 2025-10-28 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

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: October 30, 2025 (Date of earliest event reported: October 28, 2025)

RBC BEARINGS INCORPORATED

(Exact name of registrant as specified in its charter)

Delaware		001-40840		95-4372080
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

One Tribology Center

Oxford, CT 06478

(Address of principal executive offices) (Zip Code)

(203) 267-7001

(Registrant’s telephone number, including area code)

N/A

(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 (see General Instruction A.2.):

☐ 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
Common Stock, par value $0.01 per share		RBC		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 October 28, 2025, RBC Bearings Incorporated (the “Company”) and its subsidiary, Roller Bearing Company of America, Inc. (“RBCA”), entered into that certain Second Amendment to Credit Agreement with Wells Fargo Bank, National Association, as administrative agent (the “Agent”), and the lenders party thereto (the “Second Amendment”). The Second Amendment amends that certain Credit Agreement, dated as of November 1, 2021 and amended as of December 5, 2022, by and among the Company, RBCA, the Agent, the lending institutions party thereto and the other agents and entities party thereto (as amended, the “Credit Agreement”) governing the Company’s $500,000,000 revolving credit facility (the “Revolving Credit Facility”) and $1,300,000,000 term loan facility (the “Term Loan”).

The Company entered into the Second Amendment in order to, among other things, (i) extend the expiration date of the Revolving Credit Facility from November 2, 2026 to October 28, 2030, and (ii) remove the consolidated interest coverage ratio covenant. Except as amended by the Second Amendment, all the preexisting terms of the Credit Agreement remain in full force and effect, including that the Term Loan will mature and be repayable in full on November 2, 2026.

The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by the full text of the Second Amendment, which is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated by reference herein.

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

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

Section 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
10.1		Second Amendment, dated as of October 28, 2025, to Credit Agreement, dated as of December 5, 2022, by and among Roller Bearing Company of America, Inc., RBC Bearings Incorporated, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto
104		Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document

1

SIGNATURES

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

Date: October 30, 2025

	RBC BEARINGS INCORPORATED
	By:	/s/ John J. Feeney
		Name:	John J. Feeney
		Title:	Vice President, General Counsel and Secretary

2

FAQ

What did RBC (RBC Bearings) change in its credit facilities?

The company extended the expiration of its $500,000,000 revolving credit facility to October 28, 2030 and removed the consolidated interest coverage ratio covenant.

What is the status of RBC’s $1,300,000,000 term loan?

The term loan is unchanged and remains due on November 2, 2026.

Who is the administrative agent for RBC’s Credit Agreement?

Wells Fargo Bank, National Association serves as the administrative agent.

Does the amendment affect other terms of the Credit Agreement?

All preexisting terms remain in full force and effect, except for the changes noted.

Why did RBC enter the Second Amendment?

To extend the revolver’s expiration to October 28, 2030 and remove the consolidated interest coverage ratio covenant.

Which facilities are covered by the Credit Agreement?

A $500,000,000 revolving credit facility and a $1,300,000,000 term loan.