{"filing":{"accession_number":"0001193125-26-305477","cik":"0001701605","ticker":"BKR","company_name":"Baker Hughes Co","form":"8-K","filing_date":"2026-07-16","report_date":null,"primary_document":"d105425d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1701605/000119312526305477/d105425d8k.htm"},"events":[{"id":18319,"run_id":16466,"accession_number":"0001193125-26-305477","anchor_item_number":"2.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"summary":"Baker Hughes completed its acquisition of Chart Industries, Inc. on July 16, 2026, for $210.00 per share in cash consideration. Chart, with $4.3 billion in annual revenue, becomes a third operating segment and is expected to generate $325 million in annualized cost synergies within three years.","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17093,"accession_number":"0001193125-26-305477","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"Item 1.02 discloses the automatic termination of a $2.6 billion senior unsecured delayed draw term loan facility in connection with the completion of Baker Hughes' acquisition of Chart Industries. The supplemental press release confirms the acquisition closed on July 16, 2026, and describes Chart as a major strategic transaction with $4.3 billion in revenue and expected $325 million in annualized cost synergies. While Item 1.02 technically addresses the termination of the credit agreement, the material event is the completion of the Chart acquisition itself, which is referenced in Item 2.01 and disclosed in the press release as a transformational M\u0026A transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17094,"accession_number":"0001193125-26-305477","item_number":"2.01","item_title":"Completion of Acquisition or Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Baker Hughes completed its acquisition of Chart Industries, Inc., with Chart Common Stock converted into $210.00 per share in cash consideration at the Effective Time. The filing discloses the completion of a material acquisition under Item 2.01, with Chart becoming a third operating segment and contributing $4.3 billion in annual revenue. The transaction was funded through $6.5 billion and €3.0 billion in senior notes plus term loan borrowings, representing a major portfolio expansion and strategic milestone for Baker Hughes.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17096,"accession_number":"0001193125-26-305477","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Baker Hughes announced the completion of its acquisition of Chart Industries, Inc., a major strategic transaction that creates a new third operating segment and is expected to generate $325 million in annualized cost synergies within three years. The press release explicitly states this represents \"a major milestone in Baker Hughes' transformation\" and describes the acquisition as a significant step in portfolio optimization and growth strategy, clearly constituting a material M\u0026A completion event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"","ticker":null,"filing_date":""}]},{"id":18320,"run_id":16466,"accession_number":"0001193125-26-305477","anchor_item_number":"2.03","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Baker Hughes entered into two term loan credit agreements totaling $2.0 billion ($1.0 billion from Bank of America and $1.0 billion from UniCredit) on July 15, 2026, with a 2-year maturity to finance the Chart Industries acquisition and related transaction costs. The company also issued $6.5 billion and €3.0 billion in senior notes to fund the acquisition.","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16","form":"8-K","submitted_at":null,"items":[{"id":17092,"accession_number":"0001193125-26-305477","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Baker Hughes entered into two term loan credit agreements totaling $2.0 billion ($1.0 billion from Bank of America and $1.0 billion from UniCredit) on July 15, 2026, to finance the acquisition of Chart Industries. The disclosure details the loan terms, interest rates, maturity (2 years), covenants, and events of default. This represents the creation of new direct financial obligations and is material to investors assessing the company's capital structure and leverage position in connection with the completed acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"","ticker":null,"filing_date":""},{"id":17095,"accession_number":"0001193125-26-305477","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Baker Hughes entered into Term Loan Credit Agreements on July 15, 2026, and borrowed $2.0 billion to fund the Merger Consideration for the Chart Industries acquisition, pay transaction fees and expenses, and repay Chart's outstanding indebtedness. This represents the creation of a new direct financial obligation through debt issuance, which is the core substance of Item 2.03 disclosure and materially affects the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":17092,"accession_number":"0001193125-26-305477","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Baker Hughes entered into two term loan credit agreements totaling $2.0 billion ($1.0 billion from Bank of America and $1.0 billion from UniCredit) on July 15, 2026, to finance the acquisition of Chart Industries. The disclosure details the loan terms, interest rates, maturity (2 years), covenants, and events of default. This represents the creation of new direct financial obligations and is material to investors assessing the company's capital structure and leverage position in connection with the completed acquisition.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16"},{"id":17093,"accession_number":"0001193125-26-305477","item_number":"1.02","item_title":"Termination of a Material Definitive Agreement.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.92,"reasoning":"Item 1.02 discloses the automatic termination of a $2.6 billion senior unsecured delayed draw term loan facility in connection with the completion of Baker Hughes' acquisition of Chart Industries. The supplemental press release confirms the acquisition closed on July 16, 2026, and describes Chart as a major strategic transaction with $4.3 billion in revenue and expected $325 million in annualized cost synergies. While Item 1.02 technically addresses the termination of the credit agreement, the material event is the completion of the Chart acquisition itself, which is referenced in Item 2.01 and disclosed in the press release as a transformational M\u0026A transaction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16"},{"id":17094,"accession_number":"0001193125-26-305477","item_number":"2.01","item_title":"Completion of Acquisition or Disposition of Assets.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.99,"reasoning":"Baker Hughes completed its acquisition of Chart Industries, Inc., with Chart Common Stock converted into $210.00 per share in cash consideration at the Effective Time. The filing discloses the completion of a material acquisition under Item 2.01, with Chart becoming a third operating segment and contributing $4.3 billion in annual revenue. The transaction was funded through $6.5 billion and €3.0 billion in senior notes plus term loan borrowings, representing a major portfolio expansion and strategic milestone for Baker Hughes.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16"},{"id":17095,"accession_number":"0001193125-26-305477","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Baker Hughes entered into Term Loan Credit Agreements on July 15, 2026, and borrowed $2.0 billion to fund the Merger Consideration for the Chart Industries acquisition, pay transaction fees and expenses, and repay Chart's outstanding indebtedness. This represents the creation of a new direct financial obligation through debt issuance, which is the core substance of Item 2.03 disclosure and materially affects the registrant's capital structure and financial position.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16"},{"id":17096,"accession_number":"0001193125-26-305477","item_number":"7.01","item_title":"Regulation FD Disclosure.","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Baker Hughes announced the completion of its acquisition of Chart Industries, Inc., a major strategic transaction that creates a new third operating segment and is expected to generate $325 million in annualized cost synergies within three years. The press release explicitly states this represents \"a major milestone in Baker Hughes' transformation\" and describes the acquisition as a significant step in portfolio optimization and growth strategy, clearly constituting a material M\u0026A completion event.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-16T12:55:52.175678+00:00","company_name":"Baker Hughes Co","ticker":"BKR","filing_date":"2026-07-16"}]}