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    Owens Corning Inc filed SEC Form 8-K: Termination of a Material Definitive Agreement

    4/2/25 8:06:15 AM ET
    $OC
    Industrial Machinery/Components
    Industrials
    Get the next $OC alert in real time by email
    oc-20250331
    0001370946false00013709462025-03-312025-03-31

    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): March 31, 2025
    ______________________________________
    Owens Corning
    (Exact name of registrant as specified in its charter)
    ______________________________________
    DE1-3310043-2109021
    (State or other jurisdiction
    of incorporation)
    (Commission
    File Number)
    (I.R.S. Employer
    Identification No.)
    One Owens Corning Parkway
    Toledo,Ohio43659
    (Address of principal executive offices)    
    (Zip Code)
    419-248-8000
    (Registrant’s telephone number, including area code)
    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: 
    ☐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 classTrading Symbol(s)Name of each exchange on which registered
    Common Stock, par value $0.01 per shareOCNew 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 1.02.Termination of a Material Definitive Agreement.
    On March 31, 2025, Owens Corning (the “Company”) terminated its existing trade receivables securitization program evidenced by that certain Third Amended and Restated Receivables Purchase Agreement, dated as of March 1, 2024, by and among certain subsidiaries of the Company, various financial institutions party thereto and PNC Bank, National Association, as administrator.




    SIGNATURES
    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
     
    Owens Corning
    April 2, 2025By:/s/ Todd W. Fister
    Todd W. Fister
    Executive Vice President and Chief Financial Officer



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