World Kinect Corp. Enters Material Definitive Agreement
Ticker: WKC · Form: 8-K · Filed: Nov 13, 2025 · CIK: 789460
| Field | Detail |
|---|---|
| Company | World Kinect Corp (WKC) |
| Form Type | 8-K |
| Filed Date | Nov 13, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.50 billion, $1.65 billion, $500 million, $350 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: WKC
TL;DR
WKC signed a big deal, new financial obligations incoming.
AI Summary
World Kinect Corp. entered into a material definitive agreement on November 10, 2025, which also created a direct financial obligation or an off-balance sheet arrangement. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Why It Matters
This filing indicates a significant new agreement for World Kinect Corp., potentially impacting its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and new financial obligations can introduce financial and operational risks.
Key Players & Entities
- WORLD KINECT CORP (company) — Registrant
- November 10, 2025 (date) — Date of earliest event reported
- Florida (location) — State of incorporation
- 001-09533 (other) — Commission File Number
- 59-2459427 (other) — IRS Employer Identification No.
FAQ
What type of material definitive agreement did World Kinect Corp. enter into?
The filing states that World Kinect Corp. entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the nature of the direct financial obligation or off-balance sheet arrangement?
The filing indicates the creation of a direct financial obligation or an off-balance sheet arrangement, but the specifics are not detailed in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on November 10, 2025.
What is World Kinect Corp.'s state of incorporation and fiscal year end?
World Kinect Corp. is incorporated in Florida and its fiscal year ends on December 31.
What are the other items reported in this 8-K filing besides the material agreement?
This 8-K filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Filing Stats: 1,098 words · 4 min read · ~4 pages · Grade level 12 · Accepted 2025-11-13 17:15:17
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share WKC New York Stock Exchan
- $1.50 billion — olving credit facility commitments from $1.50 billion to $1.65 billion; (ii) replace the exis
- $1.65 billion — ility commitments from $1.50 billion to $1.65 billion; (ii) replace the existing term loan in
- $500 million — oan in the original principal amount of $500 million (the "Original Term Loan") with a new t
- $350 million — oan in the original principal amount of $350 million (the "New Term Loan"), thereby maintain
- $2.0 billion — g capacity under the credit facility at $2.0 billion; (iii) modify the pricing of the loans
- $93 million — m the New Term Loan, plus approximately $93 million of cash on hand, were used to repay all
Filing Documents
- d809353d8k.htm (8-K) — 31KB
- d809353dex101.htm (EX-10.1) — 1084KB
- d809353dex991.htm (EX-99.1) — 11KB
- 0001193125-25-280505.txt ( ) — 1485KB
- wkc-20251110.xsd (EX-101.SCH) — 3KB
- wkc-20251110_lab.xml (EX-101.LAB) — 17KB
- wkc-20251110_pre.xml (EX-101.PRE) — 11KB
- d809353d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits d) Exhibits. Exhibit Number Description 10.1 Amendment No. 11 to Fourth Amended and Restated Credit Agreement, dated as of November 10, 2025, among the Company and certain of its subsidiaries, as borrowers, the guarantors named therein, Bank of America, N.A., as administrative agent, and the financial institutions named therein as lenders, co-documentation agents, joint lead arrangers, and joint bookrunners 99.1 Press Release Announcing Credit Agreement Amendment, dated November 11, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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, thereunto duly authorized. Date: November 13, 2025 World Kinect Corporation /s/ Joel M. Williams Joel M. Williams Assistant Corporate Secretary