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Industrial & Other Manufacturing › Disclosure examples

Industrial & Other Manufacturing: Debt & covenant compliance

Note: Disclosure of debt terms and covenant compliance (ASC 470; Item 303 liquidity).
STEEL DYNAMICS INC (STLD) · Form 10-K for period ended 2025-12-31 · filed 2026-02-27 · Section: Operational and Commercial Risks
●our existing debt agreements contain, and any future financing agreements may contain, restrictive covenants that may limit our flexibility; and
●the impact of impairment charges.

We also refer you to and urge you to carefully read the section entitled Risk Factors at Item 1A of this report to better understand some of the principal risks and uncertainties inherent in our businesses or in owning our securities, as well as the section entitled Management’s Discussion and Analysis of Financial Condition and Results of Operations at Item 7 . You should also review the notes to consolidated financial statements under headings in Note 1. Use of Estimates and in Note 8. Commitments and Contingencies .

Any forward-looking statements which we make in this report, or in any of the documents that are incorporated by reference herein or here-from, speak only as of the date of such statement, and we undertake no ongoing obligation to update such statements. Comparisons of results between current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.

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ITEM 1. BUSINESS

Verbatim excerpt (199 words), formatting simplified. View full filing on EDGAR →
nVent Electric plc (NVT) · Form 10-K for period ended 2025-12-31 · filed 2026-02-17 · Section: ITEM 1A. RISK FACTORS

Our credit agreements and indentures contain customary financial covenants, including those that limit the amount of our debt, which may restrict the operations of our business and our ability to incur additional debt to finance acquisitions. Our ability to meet the financial covenants can be affected by events beyond our control, and we cannot provide assurance that we will meet those tests. A breach of any of these covenants could result in a default under our credit agreements or indentures. Upon the occurrence of an event of default under any of our credit facilities or indentures, the lenders or trustees could elect to declare all amounts outstanding thereunder to be immediately due and payable and, in the case of credit facility lenders, terminate all commitments to extend further credit. If the lenders or trustees accelerate the repayment of borrowings, we cannot provide assurance that we will have sufficient assets to repay our credit facilities and our other indebtedness. Furthermore, acceleration of any obligation under any of our material debt instruments will permit the holders of our other material debt to accelerate their obligations, which could have a material adverse effect on our financial condition.

We may increase our debt or raise additional capital, our credit ratings may be downgraded in the future, or our interest rates may increase, each of which could affect our financial condition, and may decrease our profitability.

Verbatim excerpt (231 words), formatting simplified. View full filing on EDGAR →

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