# EDGAR Filing Document

**Accession Number:** 0001068148
**File Stem:** 0001193125-25-160953
**Filing Date:** 2025-7
**Character Count:** 24454
**Document Hash:** 301c0405eb4dc1edbd4089d61fa584af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-160953.hdr.sgml**: 20250718

**ACCESSION NUMBER**: 0001193125-25-160953

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250715

**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**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250718

**DATE AS OF CHANGE**: 20250718

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARK OHIO HOLDINGS CORP
- **CENTRAL INDEX KEY:** 0000076282
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL FORGING & STAMPINGS [3460]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 346520107
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-03134
- **FILM NUMBER:** 251132911

**BUSINESS ADDRESS:**
- **STREET 1:** 6065 PARKLAND BLVD.
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124
- **BUSINESS PHONE:** 440-947-2210

**MAIL ADDRESS:**
- **STREET 1:** 6065 PARKLAND BLVD.
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PARK OHIO INDUSTRIES INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GROWTH INTERNATIONAL INC
- **DATE OF NAME CHANGE:** 19730404

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DISCOUNT CENTERS INC
- **DATE OF NAME CHANGE:** 19680605
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PARK OHIO INDUSTRIES INC/OH
- **CENTRAL INDEX KEY:** 0001068148
- **STANDARD INDUSTRIAL CLASSIFICATION:** METAL FORGING & STAMPINGS [3460]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 346520107
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-43005-01
- **FILM NUMBER:** 251132912

**BUSINESS ADDRESS:**
- **STREET 1:** 6065 PARKLAND BLVD.
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124
- **BUSINESS PHONE:** 4409472210

**MAIL ADDRESS:**
- **STREET 1:** 6065 PARKLAND BLVD.
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44124

?xml version='1.0' encoding='ASCII'? 8-K

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) July 15, 2025

## PARK-OHIO HOLDINGS CORP.
(Exact name of registrant as specified in its charter)

Ohio 000-03134 34-1867219 <br> (State or other jurisdictionof incorporation) (CommissionFile Number) (IRS EmployerIdentification No.)

6065 Parkland Boulevard, Cleveland, Ohio 44124 <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (440) 947-2000

Not applicable

(Former name or former address, if changed since last report.)

## PARK-OHIO INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)

Ohio 333-43005-01 34-6520107 <br> (State or other jurisdictionof incorporation) (CommissionFile Number) (IRS EmployerIdentification No.)

6065 Parkland Boulevard, Cleveland, Ohio 44124 <br> (Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (440) 947-2000

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 (see General Instruction A.2.):

☐ 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<br> Symbol(s) | Name of each exchange<br> on which registered |
| Common Stock, Par Value $1.00 Per Share | PKOH | The NASDAQ Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

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.

As previously disclosed, on April 17, 2017, Park-Ohio Industries, Inc. (the "Issuer"), a wholly owned subsidiary of Park-Ohio Holdings Corp. (the "Company"), entered into the Seventh Amendment and Restated Credit Agreement, dated April 17, 2017, as amended, between the Issuer and JPMorgan Chase Bank, N.A., as administrative agent and a lender, and various financial institutions, as lenders, which provides for revolving loan borrowings up to $405.0 million (the "Revolving Credit Facility").

On July 17, 2025, the Issuer entered into an amendment to the Revolving Credit Facility (the "Revolving Credit Facility Amendment") in order to, among other things, (a) extend the maturity date to the fifth anniversary from the closing of the Revolving Credit Facility Amendment, (b) permit the issuance of the Notes (as defined below) and (c) permit the Notes to be secured by (i) a first-priority lien on the substantially all of the U.S. equipment (including machinery) of the Issuer and the Issuer's existing and future domestic subsidiaries (the "Guarantors") that guarantee debt under the Revolving Credit Facility (the "Notes Priority Collateral") and (ii) a second-priority lien (junior to the Revolving Credit Facility) on substantially all of the U.S. assets of the Issuer and the Guarantors (including the 65% pledge of the foreign equity owned by the Guarantors), other than assets constituting Notes Priority Collateral, securing the Revolving Credit Facility (the "ABL Priority Collateral").

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The disclosure under Item 1.01 of this Current Report on Form 8-K relating to the Revolving Credit Facility Amendment is incorporated herein by reference.

Item 8.01 Other Events.

On July 15, 2025, the Company announced that the Issuer commenced and subsequently, on July 17, 2025, priced a private offering (the "Offering") of $350 million aggregate principal amount of 8.500% senior secured notes due 2030 (the "Notes") to eligible purchasers.

The Notes will be guaranteed on a senior secured basis by the Guarantors. The Notes will be secured by, subject in each case to certain exceptions and permitted liens, (i) a first-priority lien on the Notes Priority Collateral and (ii) a second-priority lien on the ABL Priority Collateral.

The Issuer intends to use the net proceeds from the Offering, along with cash on hand, to redeem all of its outstanding 6.625% Senior Notes due 2027.

Copies of the press releases announcing the launch and pricing of the Offering are being filed as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K.

This Current Report on Form 8-K does not and will not constitute an offer to sell, or the solicitation of an offer to buy, the Notes or any other securities, nor will there be any sale of the Notes or any other securities, in any state or other jurisdiction in which such offer, sale or solicitation would be unlawful. Any offer will be made only by means of a private offering memorandum. This Current Report on Form 8-K does not constitute a notice of redemption with respect to the Issuer's outstanding 6.625% Senior Notes due 2027.

The Notes are being offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act. The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.

------

Item 9.01 Financial Statements and Exhibits.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits

---

| | |
|:---|:---|
| Exhibit<br>Number | Description |
| 99.1 | [Park-Ohio Industries Inc. Press Release, dated July 15, 2025](d62182dex991.htm) |
| 99.2 | [Park-Ohio Industries Inc. Press Release, dated July 17, 2025](d62182dex992.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

------

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
|  | Park-Ohio Holdings Corp. |
|  | (Registrant) |
| Dated: July 18, 2025 | /s/ Robert D. Vilsack |
|  | Robert D. Vilsack |
|  | Chief Legal and Administrative Officer, Corporate Secretary |
|  | Park-Ohio Industries, Inc. |
|  | (Registrant) |
| Dated: July 18, 2025 | /s/ Robert D. Vilsack |
|  | Robert D. Vilsack |
|  | Chief Legal and Administrative Officer, Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1** 

**Park-Ohio Announces $350 Million Senior Secured Notes Offering** 

CLEVELAND, OHIO – Park-Ohio Industries, Inc. (the "Company"), a subsidiary of Park-Ohio Holdings Corp. (NASDAQ: PKOH), today announced that it intends to offer $350.0 million aggregate principal amount of senior secured notes due 2030 (the "Notes"), subject to market and customary conditions, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes will be senior obligations of the Company and will be guaranteed, with certain exceptions, by the Company's existing and future domestic subsidiaries on a senior secured basis. The Notes will be secured by, subject in each case to certain exceptions and permitted liens, (i) a first-priority lien on substantially all of the Company's and the guarantors' U.S. equipment (including machinery) (the "Notes Priority Collateral") and (ii) a second-priority lien (junior to the Company's revolving credit facility) on substantially all of the Company's and the guarantors' U.S. assets not constituting Notes Priority Collateral that secure the revolving credit facility. In connection with the offering of the Notes, the Company intends to enter into an amendment to its revolving credit facility in order to, among other things, extend the maturity date to the fifth anniversary from the closing of the amendment (the "Revolving Credit Facility Amendment").

The Company intends to use the net proceeds from the offering of the Notes, along with cash on hand, to redeem all $350.0 million aggregate principal amount of its outstanding 6.625% Senior Notes due 2027 (the "2027 Senior Notes") and pay related fees and expenses.

This is not an offer to sell or the solicitation of an offer to buy any securities. The Notes and related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and outside the United States to certain non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws. This news release does not constitute a notice of redemption pursuant to the terms of the indenture governing the 2027 Senior Notes.

------

There can be no assurances that the offering of the Notes will be completed as described herein or at all nor that the Revolving Credit Facility Amendment will be consummated on the anticipated terms or at all.

**About Park-Ohio** 

Park-Ohio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, Park-Ohio operates approximately 125 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.

**Forward-Looking Statements** 

This news release contains forward-looking statements, including statements regarding future performance of the Company, that are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: the impact supply chain and logistic issues have on our business, results of operations, financial position and liquidity; our substantial indebtedness; the uncertainty of the global economic environment; general business conditions and competitive factors, including pricing pressures and product innovation; demand for our products and services; the impact of labor disturbances affecting our customers; raw material availability and pricing; fluctuations in energy costs; component part availability and pricing; changes in our relationships with customers and suppliers; the financial condition of our customers, including the impact of any bankruptcies; our ability to successfully integrate recent and future acquisitions into existing operations; changes in general economic conditions such as inflation rates, interest rates, tax rates, unemployment rates, higher labor and healthcare costs, recessions and changing government policies, laws and regulations, including those related to the current global uncertainties and crises, such as tariffs and surcharges; adverse impacts to us, our suppliers and customers from acts of terrorism or hostilities, including the conflicts between Russia and Ukraine and in the Middle East, or political unrest, including the rising tension between China and the United States; public health issues, including the outbreak of infectious

------

diseases and any impact on our facilities and operations and our customers and suppliers; our ability to meet various covenants, including financial covenants, contained in the agreements governing our indebtedness, including our revolving credit facility and the Notes; our ability to successfully enter into the Revolving Credit Facility Amendment; disruptions, uncertainties or volatility in the credit markets that may limit our access to capital; potential disruption due to a partial or complete reconfiguration of the European Union; increasingly stringent domestic and foreign governmental regulations, including those affecting the environment or import and export controls and other trade barriers; inherent uncertainties involved in assessing our potential liability for environmental remediation-related activities; the outcome of pending and future litigation and other claims and disputes with customers; our dependence on the automotive and heavy-duty truck industries, which are highly cyclical; the dependence of the automotive industry on consumer spending; our ability to negotiate contracts with labor unions; our dependence on key management; our dependence on information systems; and the other factors we describe under "Item 1A. Risk Factors" included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In light of these and other uncertainties, the inclusion of a forward-looking statement herein should not be regarded as a representation by us that our plans and objectives will be achieved. The Company assumes no obligation to update the information in this release.

MATTHEW V. CRAWFORD

PARK-OHIO HOLDINGS CORP.

(440) 947-2000

## Exhibit 99.2

**Exhibit 99.2** 

**Park-Ohio Prices $350 Million Senior Secured Notes Offering** 

CLEVELAND, OHIO – Park-Ohio Industries, Inc. (the "Company"), a subsidiary of Park-Ohio Holdings Corp. (NASDAQ: PKOH), today announced that it has priced its offering of $350.0 million aggregate principal amount of senior secured notes due 2030 (the "Notes"), subject to market and customary conditions, in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Notes were priced at 99.500% of par and will bear an interest rate of 8.500% per annum. The Notes will be senior obligations of the Company and will be guaranteed, with certain exceptions, by the Company's existing and future domestic subsidiaries on a senior secured basis. The Notes will be secured by, subject in each case to certain exceptions and permitted liens, (i) a first-priority lien on substantially all of the Company's and the guarantors' U.S. equipment (including machinery) (the "Notes Priority Collateral") and (ii) a second-priority lien (junior to the Company's revolving credit facility) on substantially all of the Company's and the guarantors' U.S. assets not constituting Notes Priority Collateral that secure the revolving credit facility. The Company expects to close the offering of the Notes on July 31, 2025, subject to the satisfaction of customary closing conditions.

The Company intends to use the net proceeds from the offering of the Notes, along with cash on hand, to redeem all $350.0 million aggregate principal amount of its outstanding 6.625% Senior Notes due 2027 (the "2027 Senior Notes") and pay related fees and expenses.

This is not an offer to sell or the solicitation of an offer to buy any securities. The Notes and related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on the exemption from registration set forth in Rule 144A under the Securities Act, and outside the United States to certain non-U.S. persons in reliance on the exemption from registration set forth in Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or the securities laws of any state or other jurisdiction, and may not be offered or sold in the United States without registration or an applicable exemption from the Securities Act and applicable state securities or blue sky laws and foreign securities laws. This news release does not constitute a notice of redemption pursuant to the terms of the indenture governing the 2027 Senior Notes.

------

There can be no assurances that the offering of the Notes will be completed as described herein or at all.

**About Park-Ohio** 

Park-Ohio is a diversified international company providing world-class customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Headquartered in Cleveland, Ohio, Park-Ohio operates approximately 125 manufacturing sites and supply chain logistics facilities worldwide, through three reportable segments: Supply Technologies, Assembly Components and Engineered Products.

**Forward-Looking Statements** 

This news release contains forward-looking statements, including statements regarding future performance of the Company, that are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These factors that could cause actual results to differ materially from expectations include, but are not limited to, the following: the impact supply chain and logistic issues have on our business, results of operations, financial position and liquidity; our substantial indebtedness; the uncertainty of the global economic environment; general business conditions and competitive factors, including pricing pressures and product innovation; demand for our products and services; the impact of labor disturbances affecting our customers; raw material availability and pricing; fluctuations in energy costs; component part availability and pricing; changes in our relationships with customers and suppliers; the financial condition of our customers, including the impact of any bankruptcies; our ability to successfully integrate recent and future acquisitions into existing operations; changes in general economic conditions such as inflation rates, interest rates, tax rates, unemployment rates, higher labor and healthcare costs, recessions and changing government policies, laws and regulations, including those related to the current global uncertainties and crises, such as tariffs and surcharges; adverse impacts to us, our suppliers and customers from acts of terrorism or hostilities, including the conflicts between Russia and Ukraine and in the Middle East, or political unrest, including the rising tension between China and the United States; public health issues, including the outbreak of infectious diseases and any impact on our facilities and operations and our customers

------

and suppliers; our ability to meet various covenants, including financial covenants, contained in the agreements governing our indebtedness, including our revolving credit facility and the Notes; our ability to successfully enter into an amendment to our revolving credit facility in connection with the offering of the Notes; disruptions, uncertainties or volatility in the credit markets that may limit our access to capital; potential disruption due to a partial or complete reconfiguration of the European Union; increasingly stringent domestic and foreign governmental regulations, including those affecting the environment or import and export controls and other trade barriers; inherent uncertainties involved in assessing our potential liability for environmental remediation-related activities; the outcome of pending and future litigation and other claims and disputes with customers; our dependence on the automotive and heavy-duty truck industries, which are highly cyclical; the dependence of the automotive industry on consumer spending; our ability to negotiate contracts with labor unions; our dependence on key management; our dependence on information systems; and the other factors we describe under "Item 1A. Risk Factors" included in the Company's Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. In light of these and other uncertainties, the inclusion of a forward-looking statement herein should not be regarded as a representation by us that our plans and objectives will be achieved. The Company assumes no obligation to update the information in this release.

MATTHEW V. CRAWFORD

PARK-OHIO HOLDINGS CORP.

(440) 947-2000