{"schema_version":"secwatch.filing_event.v1","accession":"0000105634-23-000045","form_type":"8-K","ticker":"EME","cik":"0000105634","company_name":"EMCOR Group, Inc.","filed_at":"2023-12-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.060556+00:00","generated_at":"2026-06-07T08:45:23.837889+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"EMCOR enters $1.30B five-year revolving credit facility expiring Dec 2028","bullets":["$1.30B revolving credit facility with $100M sublimit for EMCOR UK; matures Dec 20, 2028.","Interest rates: SOFR + 1.125%-1.875% or base rate + 0.125%-0.875%, depending on leverage ratio.","Facility can be increased by up to greater of $900M or trailing twelve-month adjusted EBITDA.","Obligations guaranteed by substantially all U.S. subsidiaries and secured by assets.","Replaces prior 2020 credit agreement as amended."],"urls":{"canonical":"https://secwatch.observer/filing/0000105634-23-000045","json":"https://secwatch.observer/filing/0000105634-23-000045.json","markdown":"https://secwatch.observer/filing/0000105634-23-000045.md","text":"https://secwatch.observer/filing/0000105634-23-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/0000105634-23-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/eme-20231220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T08:45:23.837889+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0fa72cce563efd5a2c52cbfe2aba8020f7bcbb94","claim":"EMCOR Group, Inc. amended revolving credit of $1.30 billion with Bank of Montreal, as Agent, and other lenders at ranging from 1.125% to 1.875% over the term secured overnight financing rate or maturing December 20, 2028.","evidence_excerpt":"The 2023 Credit Agreement provides for a $1.30 billion five year revolving credit facility under which the Company may borrow up to $1.30 billion and EMCOR UK may borrow up $100.0 million. The Company has the ability to increase the revolving credit facility by up to an additional amount equal to the greater of (a) $900 million and (b) the Company’s Adjusted EBITDA (as such term is defined in the 2023 Credit Agreement) for the twelve-month period then ended. Such increase will be accommodated by either existing lenders (if they so choose) and/or new eligible lenders. The 2023 Credit Agreement contains customary financial covenants, representations and warranties and events of default. The Company’s obligations under the 2023 Credit Agreement are guaranteed by substantially all of its U.S. subsidiaries and secured by substantially all of the assets of the Company and the guarantors, in each case, subject to certain customary exceptions. All outstanding borrowings under the 2023 Credit A","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/0000105634-23-000045-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.30 billion"},{"label":"Counterparty","value":"Bank of Montreal, as Agent, and other lenders"},{"label":"Rate","value":"ranging from 1.125% to 1.875% over the term secured overnight financing rate or"},{"label":"Maturity","value":"December 20, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"4534e393301f27b88abd7182293a1f84a744d54e","claim":"EMCOR Group, Inc. amended Seventh Amended and Restated Credit Agreement with Bank of Montreal, as Agent, and certain other lenders valued at $1.30 billion (effective 2023-12-20).","evidence_excerpt":"On December 20, 2023, EMCOR Group, Inc. (the “Company”), EMCOR Group (UK) plc., a wholly-owned subsidiary of the Company (“EMCOR UK”), and the other Borrowers and Guarantors (each as defined therein) party thereto entered into the Seventh Amended and Restated Credit Agreement (the “Credit Agreement Restatement”) dated as of December 20, 2023 with Bank of Montreal, as Agent, and certain other lenders listed on the signature pages thereof.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/0000105634-23-000045-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of Montreal, as Agent, and certain other lenders"},{"label":"Value","value":"$1.30 billion"},{"label":"Effective","value":"2023-12-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}