8-K - Mueller Industries, Inc. | StockGist

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Mueller Industries, Inc. entered into a new unsecured $100 million revolving credit agreement with Bank of America, N.A., replacing its prior 2021 facility and maturing in 2031.

Key Takeaways

1Entered $100M unsecured revolving credit facility maturing March 27, 2031.

2Replaces prior credit agreement dated March 31, 2021.

3Sublimits: $50M letters of credit, $35M foreign currencies, $25M swing line.

4Interest: Benchmark Rate + 112.5-162.5 bps or Base Rate + 12.5-62.5 bps.

5Commitment fee: 15-30 bps on unused commitments.

6Guaranteed by certain domestic wholly-owned subsidiaries.

Current Report Details

Event Type

Material Agreement

Financing

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

| Entry into a Material Definitive Agreement On March 27, 2026, Mueller Industries, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”

Material Agreement

$100.0M$50.0M$35.0M$25.0M

Source Document

2.03

| Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information described above under Item 1

Financing

9.01

| Financial Statements and Exhibits. (d) Exhibits 10.1 | Credit Agreement, dated as of March 27, 2026, among the Company (as borrower), Bank of America, N.A. (a

Exhibits Only

Transaction Details

Material Agreement

Agreement: Credit Agreement
Parties: Mueller Industries, Inc. (borrower), Bank of America, N.A. (administrative agent, lender, swing line lender, letter of credit issuer), Other Lenders

•Unsecured $100 million revolving credit facility maturing March 27, 2031
•Sublimit of $50 million for letters of credit
•Sublimit of $35 million for loans and letters of credit in certain foreign currencies
•Swing line sublimit of $25 million
•Interest at Benchmark Rate plus applicable margin of 112.5 to 162.5 basis points or Base Rate plus 12.5 to 62.5 basis points
•Commitment fee of 15.0 to 30.0 basis points on unused commitments
•Requires compliance with financial ratios and customary covenants
•Guaranteed by certain domestic wholly-owned subsidiaries
•Replaces prior credit agreement dated March 31, 2021
•Funds for working capital and general corporate purposes

Debt / Financing

Instrument: Revolving Credit Facility
Principal: 100000000
Rate: Benchmark Rate + 112.5-162.5 bps or Base Rate + 12.5-62.5 bps
Maturity: 2031-03-27
Use of Proceeds: working capital purposes and other general corporate purposes

Exhibits (2)

10.1

EX-10.1

8-K