---
schema_version: "secwatch.filing_event.v1"
accession: "0000006955-22-000028"
form_type: "8-K"
ticker: "EPAC"
cik: "0000006955"
company_name: "ENERPAC TOOL GROUP CORP"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:33:13.118139+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Enerpac enters $600M credit facility: $400M revolver and $200M term loan, maturing 2027

## Summary
- Revolver sublimit of $200M for foreign currency; term loan amortizes quarterly starting at $0.625M.
- Interest at adjusted term SOFR + 1.125%, with spread ranging 1.125%-1.875% based on leverage.
- Covenants: net leverage ratio ≤3.75x (4.25x for acquisition periods), interest coverage ≥3.00x.
- Prior $600M facility with JPMorgan terminated and fully repaid.
- Company may request up to $300M additional increments subject to lender commitments.

## SEC filing metadata
- accession: 0000006955-22-000028
- form_type: 8-K
- ticker: EPAC
- cik: 0000006955
- company_name: ENERPAC TOOL GROUP CORP
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6955/000000695522000028/0000006955-22-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6955/000000695522000028/epac-20220909.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000006955-22-000028
- JSON: https://secwatch.observer/filing/0000006955-22-000028.json
- Plain text: https://secwatch.observer/filing/0000006955-22-000028.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.