Owens Corning Files 8-K for Material Definitive Agreement
Ticker: OC · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1370946
| Field | Detail |
|---|---|
| Company | Owens Corning (OC) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $200.0 million, $1.0 b, $280.0 million, $300.0 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
Related Tickers: OC
TL;DR
OC just signed a big deal, expect financial moves.
AI Summary
On March 1, 2024, Owens Corning entered into a Material Definitive Agreement related to a direct financial obligation. The company, headquartered in Toledo, Ohio, with IRS number 43-2109021, filed this 8-K report to disclose this event. The filing indicates a financial commitment or obligation for the registrant.
Why It Matters
This filing signals a significant financial commitment or obligation for Owens Corning, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new financial obligations or risks that may affect the company's financial health.
Key Players & Entities
- Owens Corning (company) — Registrant
- March 1, 2024 (date) — Date of earliest event reported
- Toledo, Ohio (location) — Principal executive offices
- 43-2109021 (identifier) — I.R.S. Employer Identification No.
FAQ
What type of Material Definitive Agreement did Owens Corning enter into?
The filing states that the agreement is related to the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, but does not specify the exact nature of the agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on March 1, 2024.
What is Owens Corning's principal executive office address?
Owens Corning's principal executive offices are located at One Owens Corning Parkway, Toledo, Ohio, 43659.
What is the SEC file number for Owens Corning?
The SEC file number for Owens Corning is 001-33100.
What is the IRS Employer Identification Number for Owens Corning?
The IRS Employer Identification Number for Owens Corning is 43-2109021.
Filing Stats: 1,868 words · 7 min read · ~6 pages · Grade level 14.6 · Accepted 2024-03-06 16:30:57
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share OC New York Stock Exchang
- $200.0 million — g Credit Facility (as defined below) by $200.0 million. The Credit Agreement provides for a
- $1.0 b — y") in an aggregate principal amount of $1.0 billion, including borrowings and letters
- $280.0 million — s, increase the A/R Facility limit from $280.0 million to $300.0 million, extend the scheduled
- $300.0 m — R Facility limit from $280.0 million to $300.0 million, extend the scheduled maturity da
- $3.0 billion — ity in an aggregate principal amount of $3.0 billion (the "364-Day Credit Facility"). Borrow
Filing Documents
- d806262d8k.htm (8-K) — 36KB
- 0001193125-24-060765.txt ( ) — 155KB
- oc-20240301.xsd (EX-101.SCH) — 3KB
- oc-20240301_lab.xml (EX-101.LAB) — 17KB
- oc-20240301_pre.xml (EX-101.PRE) — 11KB
- d806262d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES 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. Owens Corning Date: March 6, 2024 By: /s/ Todd W. Fister Todd W. Fister Executive Vice President and Chief Financial Officer