secwatch.observer — SEC 8-K summary
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Issuer:     EMCOR Group, Inc. (EME)
CIK:        0000105634
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0000105634-23-000045
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EMCOR enters $1.30B five-year revolving credit facility expiring Dec 2028
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- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/0000105634-23-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105634/000010563423000045/eme-20231220.htm
  HTML page:      https://secwatch.observer/filing/0000105634-23-000045

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