NL Industries Enters Material Definitive Agreement
Ticker: NL · Form: 8-K · Filed: Jul 30, 2024 · CIK: 72162
| Field | Detail |
|---|---|
| Company | Nl Industries Inc (NL) |
| Form Type | 8-K |
| Filed Date | Jul 30, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: NL
TL;DR
NL Industries just signed a big deal, new financial obligation incoming.
AI Summary
NL Industries, Inc. entered into a material definitive agreement on July 30, 2024, related to a direct financial obligation. The filing does not specify the counterparty or the exact nature of the financial obligation, but it is a significant event requiring disclosure.
Why It Matters
This filing indicates a new financial commitment or obligation for NL Industries, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — The nature and terms of the financial obligation are not detailed, creating uncertainty about its potential impact.
Key Players & Entities
- NL Industries, Inc. (company) — Registrant
- July 30, 2024 (date) — Date of Report
FAQ
What is the specific nature of the material definitive agreement entered into by NL Industries?
The filing states that NL Industries entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What is the direct financial obligation or off-balance sheet arrangement mentioned in the filing?
The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not detailed.
Who is the counterparty to the material definitive agreement?
The filing does not disclose the name of the counterparty to the material definitive agreement.
What is the dollar amount or financial impact of this new obligation?
The filing does not specify any dollar amounts or financial impacts related to the new obligation.
When was the material definitive agreement executed?
The agreement was entered into on July 30, 2024, which is also the date of the report.
Filing Stats: 556 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-07-30 16:29:12
Filing Documents
- nl-20240730x8k.htm (8-K) — 53KB
- 0000072162-24-000025.txt ( ) — 190KB
- nl-20240730.xsd (EX-101.SCH) — 3KB
- nl-20240730_lab.xml (EX-101.LAB) — 18KB
- nl-20240730_pre.xml (EX-101.PRE) — 13KB
- nl-20240730x8k_htm.xml (XML) — 5KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
03
Item 2.03 Creation of a Direct Financial Obligation of an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information disclosed by Kronos Worldwide, Inc., a Delaware corporation and an affiliate of the registrant ("Kronos Worldwide"), under Items 1.01 and 2.03 of the Current Report on Form 8-K dated July 30, 2024 that Kronos Worldwide (File No. 1-31763) filed with the U.S. Securities and Exchange Commission on July 30, 2024 is hereby incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. 1 (d) Exhibits Item No. Description 10.1 Supplemental Indenture No. 1, dated as of July 30, 2024, by and among Kronos International, Inc., the guarantors named therein, and Deutsche Bank Trust Company Americas, as trustee, collateral agent, paying agent, transfer agent and registrar – incorporated by reference to Exhibit 10.1 to Kronos Worldwide, Inc.'s Current Report on Form 8-K filed July 30, 2024 10.2 Additional Notes Priority Joinder Agreement dated July 30, 2024, executed by Deutsche Bank Trust Company Americas, as trustee and collateral agent – incorporated by reference to Exhibit 10.2 to Kronos Worldwide, Inc.'s Current Report on Form 8-K filed July 30, 2024 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. NL INDUSTRIES, INC. (Registrant) Date: July 30, 2024 By: /s/Amy A. Samford Executive Vice President and Chief Financial Officer