Waters Corp Enters Material Definitive Agreement

Ticker: WAT · Form: 8-K · Filed: 2024-07-18T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

Waters Corp just signed a big deal, likely involving debt or a new financial obligation.

AI Summary

On July 12, 2024, Waters Corporation entered into a material definitive agreement related to a financial obligation. The company, incorporated in Delaware with its principal executive offices at 34 Maple Street, Milford, Massachusetts, filed an 8-K report detailing this event. This filing is pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

This filing indicates a significant financial commitment or obligation for Waters Corporation, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements, especially those involving financial obligations, can introduce financial risks or opportunities that warrant investor attention.

Key Numbers

Key Players & Entities

FAQ

What specific type of material definitive agreement did Waters Corporation enter into?

The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this summary.

What is the nature of the financial obligation created by Waters Corporation?

The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement,' but the exact nature and terms of this obligation are not detailed in the provided text.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on July 12, 2024.

Where are Waters Corporation's principal executive offices located?

Waters Corporation's principal executive offices are located at 34 Maple Street, Milford, Massachusetts.

Under which sections of the Securities Exchange Act of 1934 is this report filed?

This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

From the Filing

0001193125-24-180722.txt : 20240718 0001193125-24-180722.hdr.sgml : 20240718 20240718070034 ACCESSION NUMBER: 0001193125-24-180722 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240712 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240718 DATE AS OF CHANGE: 20240718 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WATERS CORP /DE/ CENTRAL INDEX KEY: 0001000697 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 133668640 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14010 FILM NUMBER: 241123682 BUSINESS ADDRESS: STREET 1: 34 MAPLE ST CITY: MILFORD STATE: MA ZIP: 01757 BUSINESS PHONE: 5084782000 MAIL ADDRESS: STREET 1: 34 MAPLE STREET CITY: MILFORD STATE: MA ZIP: 01757 FORMER COMPANY: FORMER CONFORMED NAME: WCD INVESTORS INC /DE/ DATE OF NAME CHANGE: 19960605 8-K 1 d864539d8k.htm 8-K 8-K WATERS CORP /DE/ NYSE false 0001000697 0001000697 2024-07-12 2024-07-12     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549     FORM 8-K     CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of report (Date of earliest event reported): July 12, 2024     WATERS CORPORATION (Exact name of registrant as specified in its charter)       Delaware   01-14010   13-3668640 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 34 Maple Street Milford , Massachusetts 01757 (Address of principal executive offices) (Zip Code) (508) 478-2000 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   WAT   New York Stock Exchange, Inc. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 1.01 Entry into a Material Definitive Agreement On July 12, 2024, Waters Corporation (the “Company”) entered into a Master Note Facility Agreement (the “Shelf Agreement”) with NYL Investors LLC (“NYL”) and each affiliate of NYL that becomes bound by certain provisions of the Shelf Agreement (collectively, the “Note Purchasers”). Pursuant to the Shelf Agreement, the Company may, at its

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