Atkore Inc. Enters Material Definitive Agreement
Ticker: ATKR · Form: 8-K · Filed: Sep 29, 2025 · CIK: 1666138
| Field | Detail |
|---|---|
| Company | Atkore INC. (ATKR) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $373 million, $100 million, $5,000,000, $20 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
Atkore just signed a big deal creating new financial obligations.
AI Summary
On September 29, 2025, Atkore Inc. entered into a material definitive agreement, creating a direct financial obligation. The filing details this agreement and related financial obligations, with the company's principal executive offices located at 16100 South Lathrop Avenue, Harvey, Illinois.
Why It Matters
This filing indicates Atkore Inc. has entered into a significant new agreement that will create financial obligations for the company, potentially impacting its balance sheet and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to the terms of the agreement and the company's ability to meet them.
Key Players & Entities
- Atkore Inc. (company) — Registrant
- September 29, 2025 (date) — Date of earliest event reported
- 16100 South Lathrop Avenue, Harvey, Illinois 60426 (address) — Principal executive offices
FAQ
What type of material definitive agreement did Atkore Inc. enter into?
The filing states that Atkore Inc. entered into a material definitive agreement, but the specific nature of the agreement is not detailed in the provided text.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 29, 2025.
Where are Atkore Inc.'s principal executive offices located?
Atkore Inc.'s principal executive offices are located at 16100 South Lathrop Avenue, Harvey, Illinois 60426.
What is the Commission File Number for Atkore Inc.?
Atkore Inc.'s Commission File Number is 001-37793.
What is the IRS Employer Identification Number for Atkore Inc.?
Atkore Inc.'s IRS Employer Identification Number is 90-0631463.
Filing Stats: 1,284 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2025-09-29 16:17:06
Key Financial Figures
- $373 million — . (the " Company "), entered into a new $373 million senior secured term loan facility (the
- $100 million — ior notes due June 1, 2031 if more than $100 million of such senior notes remains outstandin
- $5,000,000 — a) 50% of excess cash flow in excess of $5,000,000, at any time the first lien net leverag
- $20 m — and condemnation proceeds) in excess of $20 million, at any time that the first lien
Filing Documents
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01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement On September 29, 2025, Atkore International, Inc. (" AII "), a wholly owned subsidiary of Atkore Inc. (the " Company "), entered into a new $373 million senior secured term loan facility (the " New Senior Secured Term Loan Facility ") pursuant to an amendment to its existing Term Loan Credit Agreement (the " Amendment "). The New Senior Secured Term Loan Facility will mature on the earlier of (i) September 29, 2032 and (ii) the date that is 91 days prior to the maturity of the Company's existing senior notes due June 1, 2031 if more than $100 million of such senior notes remains outstanding as of such date. Borrowings under the New Senior Secured Term Loan Facility will bear interest at the rate of either (x) Term SOFR (with a floor of 0%) plus 2.00%, or (y) an alternate base rate (with a floor of 1.5%) plus 1.00%. The New Senior Secured Term Loan Facility has an annual amortization rate of 1%. The New Senior Secured Term Loan Facility is guaranteed by the Company, AII's wholly owned domestic material subsidiaries, subject to certain customary exceptions, and Columbia-MBF Inc., a wholly owned Canadian subsidiary of AII (collectively, the " Guarantors "). The New Senior Secured Term Loan Facility is subject to mandatory prepayment in an amount equal to (a) 50% of excess cash flow in excess of $5,000,000, at any time the first lien net leverage ratio is greater than 3.00 to 1.00, which percentage reduces to 25% at any time the first lien net leverage ratio is less than or equal to 3.00 to 1.00 and greater than 2.50 to 1.00, and to 0% at any time the first lien net leverage ratio is less than or equal to 2.50 to 1.00, (b) 100% of the net cash proceeds received from the incurrence of indebtedness by the Company, AII or any of AII's restricted subsidiaries (other than indebtedness permitted under the New Senior Secured Term Loan Facility, excluding certain specified refinancing indebtedness), and (c) 100% of the n
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description of Exhibit 10.1 Amendment No. 2 to Term Loan Credit Agreement, dated as of September 29, 2025, by and among Atkore Inc., Atkore International, Inc., the guarantors party thereto, and JPMorgan Chase Bank, N.A., as administrative agent, collateral agent and refinancing term lender . 104 Inline XBRL for the cover page of this Current Report on Form 8-K
SIGNATURES
SIGNATURES 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. ATKORE INC. By: /s/ Daniel S. Kelly Daniel S. Kelly Vice President, General Counsel and Secretary Date: September 29, 2025