secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECHNOLOGIES INC (TTI)
CIK:        0000844965
Form:       8-K
Filed at:   2026-10-08T11:02:17+00:00
Accession:  0000844965-26-000061
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

TETRA Technologies amends term loan: rate cut to SOFR+5.00%, maturity extended to Dec 31, 2030
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- First Amendment to Credit Agreement dated Oct 2, 2026 cuts term loan rate to SOFR + 5.00% from SOFR + 5.75%, effective Oct 2, 2026.
- Maturity extended to Dec 31, 2030 from Jan 12, 2030; amortization eliminated until June 30, 2028, then 0.625% of original principal per quarter, rising to 1.25% per quarter from June 30, 2029.
- TETRA Bromine Project LLC becomes guarantor and pledges a security interest in elemental bromine extracted or processed at the Arkansas Bromine Processing Facility.
- Post-closing: material real property documents for the Arkansas Bromine Processing Facility due within 60 days; control agreements for Bromine Project Company accounts due within 30 days.
- Amendment caps reimbursable administrative agent legal expenses at $75,000 excluding filing/recordation fees; Silver Point Finance, LLC remains administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844965/000084496526000061/0000844965-26-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844965/000084496526000061/tti-20261002.htm
  HTML page:      https://secwatch.observer/filing/0000844965-26-000061

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