Lennox International Enters Material Definitive Agreement

TL;DR

Lennox International just signed a big financial deal. Watch their debt.

AI Summary

Lennox International Inc. entered into a material definitive agreement on May 9, 2025, related to a direct financial obligation. The company, headquartered in Richardson, Texas, filed its 8-K report on May 14, 2025, detailing this significant financial commitment.

Why It Matters

This filing indicates a new financial obligation for Lennox International, which could impact its financial structure and future investments.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement and a direct financial obligation can introduce new financial risks and obligations for the company.

Key Players & Entities

• LENNOX INTERNATIONAL INC (company) — Registrant
• May 9, 2025 (date) — Date of earliest event reported
• May 14, 2025 (date) — Date of report
• Richardson, Texas (location) — Principal executive offices
• 42-0991521 (other) — IRS Employer Identification No.

FAQ

From the Filing

0001069202-25-000022.txt : 20250514 0001069202-25-000022.hdr.sgml : 20250514 20250514155829 ACCESSION NUMBER: 0001069202-25-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250509 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: 20250514 DATE AS OF CHANGE: 20250514 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LENNOX INTERNATIONAL INC CENTRAL INDEX KEY: 0001069202 STANDARD INDUSTRIAL CLASSIFICATION: AIR COND & WARM AIR HEATING EQUIP & COMM & INDL REFRIG EQUIP [3585] ORGANIZATION NAME: 06 Technology EIN: 420991521 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15149 FILM NUMBER: 25945037 BUSINESS ADDRESS: STREET 1: 2140 LAKE PARK BLVD CITY: RICHARDSON STATE: TX ZIP: 75080 BUSINESS PHONE: 972-497-5000 MAIL ADDRESS: STREET 1: 2140 LAKE PARK BLVD CITY: RICHARDSON STATE: TX ZIP: 75080 8-K 1 lii-20250509.htm 8-K lii-20250509 0001069202 false 0001069202 2025-05-09 2025-05-09   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): May 9, 2025 LENNOX INTERNATIONAL INC . (Exact name of registrant as specified in its charter)   Delaware 001-15149 42-0991521 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 2140 LAKE PARK BLVD ., RICHARDSON , Texas 75080 (Address of principal executive offices, including zip code) Registrant’s telephone number, including area code: ( 972 ) 497-5000   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 LII 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 May 9, 2025, Lennox International Inc. (the “Company”) entered into an Amendment and Restatement Agreement (the “Amended Credit Agreement”), by and among the Company, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto, which amended and restated the Company’s existing unsecured revolving credit facility to, among other things, (i) decrease the total revolving commitments from $1.1 billion to $1 billion, with an option to increase the revolving commitments by up to $350 million at the request of the Company, subject to the terms and conditions of the Amended Credit Agreement, and (ii) extend the m