Owens Corning Files 8-K for Material Definitive Agreement

TL;DR

OC just signed a big deal, filing an 8-K. Watch for financial implications.

AI Summary

On March 5, 2025, Owens Corning entered into a material definitive agreement, likely related to financing. The company, headquartered in Toledo, Ohio, filed an 8-K report detailing this obligation.

Why It Matters

This filing indicates Owens Corning has entered into a significant new financial commitment or agreement, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements, especially those creating financial obligations, can introduce financial risks and impact the company's balance sheet.

Key Players & Entities

• Owens Corning (company) — Registrant
• March 5, 2025 (date) — Date of earliest event reported
• Toledo, Ohio (location) — Principal executive offices location
• 419-248-8000 (phone_number) — Business phone number

FAQ

From the Filing

0001370946-25-000117.txt : 20250306 0001370946-25-000117.hdr.sgml : 20250306 20250305173655 ACCESSION NUMBER: 0001370946-25-000117 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250305 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 FILED AS OF DATE: 20250306 DATE AS OF CHANGE: 20250305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Owens Corning CENTRAL INDEX KEY: 0001370946 STANDARD INDUSTRIAL CLASSIFICATION: ABRASIVE ASBESTOS & MISC NONMETALLIC MINERAL PRODUCTS [3290] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33100 FILM NUMBER: 25712627 BUSINESS ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 BUSINESS PHONE: 419-248-8000 MAIL ADDRESS: STREET 1: ONE OWENS CORNING PARKWAY CITY: TOLEDO STATE: OH ZIP: 43659 FORMER COMPANY: FORMER CONFORMED NAME: Owens Corning (Reorganized) Inc. DATE OF NAME CHANGE: 20060731 8-K 1 oc-20250305.htm 8-K oc-20250305 0001370946 false 0001370946 2025-03-05 2025-03-05 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 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):  March 5, 2025 ______________________________________ Owens Corning (Exact name of registrant as specified in its charter) ______________________________________ DE 1-33100 43-2109021 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) One Owens Corning Parkway Toledo, Ohio 43659 (Address of principal executive offices)     (Zip Code) 419 - 248-8000 (Registrant’s telephone number, including area code) Not Applicable (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:  ☐ 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 OC New York Stock Exchange 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 March 5, 2025, Owens Corning (the “Company”), as borrower, entered into that certain First Amendment to Second Amended and Restated Credit Agreement (the “First Amendment”) with various financial institutions, as lenders (the “Lenders”), and Wells Fargo Bank, National Association, as administrative agent (the “Agent”). The First Amendment amends that certain Second Amen