Hexcel CORP /De/ 8-K Filing

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 HXL New York Stock Exchange Indic
• $750 million — (the "Credit Agreement") governing its $750 million revolving credit facility (the "Revolve
• $300 million — to. On March 31, 2026, Hexcel borrowed $300 million under the Credit Agreement, the proceed
• $50 million — and repayments of indebtedness). Up to $50 million of the Revolver may be used for letters
• $500 million — nt in an aggregate amount not to exceed $500 million. The Credit Agreement contains customa

Filing Documents

• ef20069271_8k.htm (8-K) — 32KB
• ef20069271_ex10-1.htm (EX-10.1) — 788KB
• 0001140361-26-012536.txt ( ) — 1102KB
• hxl-20260331.xsd (EX-101.SCH) — 4KB
• hxl-20260331_lab.xml (EX-101.LAB) — 21KB
• hxl-20260331_pre.xml (EX-101.PRE) — 16KB
• ef20069271_8k_htm.xml (XML) — 4KB

01

Item 1.01. Entry into a Material Definitive Agreement. On March 31, 2026, Hexcel Corporation ("Hexcel") entered into a new credit agreement (the "Credit Agreement") governing its $750 million revolving credit facility (the "Revolver"), which matures on March 31, 2031. The Credit Agreement was entered into by and among Hexcel, as borrower, the lenders party thereto, Bank of America, N.A., as agent for the lenders, and the other parties party thereto. On March 31, 2026, Hexcel borrowed $300 million under the Credit Agreement, the proceeds of which were used to repay all amounts, and terminate all commitments, outstanding under the existing credit agreement by and among Hexcel, as borrower, the lenders party thereto, Citizens Bank, N.A., as administrative agent for the lenders, and the other parties party thereto (the "Terminated Credit Facility") and to pay fees and expenses in connection with the refinancing. The Terminated Credit Facility was scheduled to expire on April 25, 2028. No early termination penalties were incurred by Hexcel as a result of the termination of the Terminated Credit Facility. Borrowings under the Revolver will bear interest, at Hexcel's option, for SOFR rate borrowings at (i) an Adjusted Term SOFR rate (subject to a 0.00% floor), where such "Adjusted Term SOFR" rate is equal to the Term SOFR rate for the applicable interest period, plus the Applicable Margin or (ii) for base rate borrowings, the greatest of (a) the prime rate, (b) the federal funds rate plus 0.50% and (c) the Adjusted Term SOFR rate (subject to a 0.00% floor) for a one-month interest period plus 1.00%, in each case plus the Applicable Margin. The "Applicable Margin" initially is 1.125% for SOFR rate borrowings and 0.125% for base rate borrowings, and after the date on which the Agent receives a compliance certificate for the fiscal quarter ending March 31, 2026, can fluctuate, determined by reference to the more favorable to Hexcel of its (x) public debt rating and (y)

02

Item 1.02. Termination of a Material Definitive Agreement. The information with respect to the Terminated Credit Facility set forth in Item 1.01 of this Current Report on Form 8K is incorporated herein by reference.

03

Item 2.03. Creation of a Direct Financial Obligation . The information with respect to the Credit Agreement set forth in Item 1.01 of this Current Report on Form 8K is incorporated herein by reference.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits to this Form 8-K Exhibit No. Description 10.1 Credit Agreement, dated as of March 31, 2026, by and among Hexcel Corporation, as borrower, the lenders party thereto, Bank of America, N.A., as agent for the lenders, and the other parties party thereto. Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. HEXCEL CORPORATION March 31, 2026 /s/ Gail E. Lehman Gail E. Lehman Executive Vice President, Chief Legal and Sustainability Officer and Secretary

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