---
schema_version: "secwatch.filing_event.v1"
accession: "0000034067-24-000010"
form_type: "8-K"
ticker: "BOOM"
cik: "0000034067"
company_name: "DMC Global Inc."
filed_at: "2024-02-07T23:59:59+00:00"
generated_at: "2026-06-06T07:24:13.108764+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# DMC Global closes $300M senior secured credit facility, extends maturity to 2029

## Summary
- New $300M facility includes $200M revolver, $50M term loan, $50M delayed draw term loan, replacing $200M prior facility.
- Proceeds will refinance existing debt and support potential acquisition of remaining 40% of Arcadia Products (put/call option exercisable Dec 2024, est. ~$163M).
- Maturity extended to February 6, 2029; covenants set max leverage ratio at 3.00x and min debt service coverage at 1.25x.
- Leverage ratio currently 1.25x; expected ~2.0x if Arcadia minority interest is purchased.
- Company pursuing strategic alternatives for DynaEnergetics and NobelClad businesses to focus on architectural framing.

## SEC filing metadata
- accession: 0000034067-24-000010
- form_type: 8-K
- ticker: BOOM
- cik: 0000034067
- company_name: DMC Global Inc.
- filed_at: 2024-02-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34067/000003406724000010/0000034067-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34067/000003406724000010/boom-20240206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000034067-24-000010
- JSON: https://secwatch.observer/filing/0000034067-24-000010.json
- Plain text: https://secwatch.observer/filing/0000034067-24-000010.txt

## Key facts
- Debt Financings
  DMC Global Inc. amended credit facility of $300 million with KeyBank National Association maturing February 6, 2029.
  - Instrument: credit facility
  - Principal: $300 million
  - Counterparty: KeyBank National Association
  - Maturity: February 6, 2029
  - Event: amendment
  source text: (the “Credit Agreement”). The First Amendment provides for certain changes to the Credit Agreement, including an increase in the maximum commitment amount from $200 million to $300 million, which includes a $200 million revolving credit facility, a $50 million term loan facility, and a $50 million delayed draw term loan facility. The Credit Agreement, as amended by
  evidence_url: https://www.sec.gov/Archives/edgar/data/34067/000003406724000010/0000034067-24-000010-index.htm
- Material Agreements
  DMC Global Inc. amended First Amendment with syndicate of banks, led by KeyBank National Association (effective 2024-02-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: syndicate of banks, led by KeyBank National Association
  - Effective: 2024-02-06
  source text: On February 6, 2024, DMC Global Inc. (the “Company”) and certain domestic subsidiaries entered into an amendment (the “First Amendment’) to its existing credit agreement with a syndicate of banks, led by KeyBank National Association (the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/34067/000003406724000010/0000034067-24-000010-index.htm

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