---
schema_version: "secwatch.filing_event.v1"
accession: "0000890564-25-000042"
form_type: "8-K"
ticker: "EFOR"
cik: "0000890564"
company_name: "Everforth Inc"
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:38:08.193010+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# ASGN closes $100M incremental term loan facility under existing credit agreement

## Summary
- Borrowed $100M in Incremental Term A Loans on July 31, 2025; maturity February 14, 2028.
- Interest at base rate plus 0.50%-1.50% or SOFR plus 1.50%-2.50% based on secured leverage ratio.
- Quarterly amortization: $625K for first four quarters, then $1.25M; secured by substantially all assets.
- Proceeds enhance financial flexibility for organic investments, acquisitions, and share repurchases.
- Covenant requires consolidated secured leverage ratio not greater than 3.75:1.00.

## SEC filing metadata
- accession: 0000890564-25-000042
- form_type: 8-K
- ticker: EFOR
- cik: 0000890564
- company_name: Everforth Inc
- filed_at: 2025-07-31T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/890564/000089056425000042/0000890564-25-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/890564/000089056425000042/asgn-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000890564-25-000042
- JSON: https://secwatch.observer/filing/0000890564-25-000042.json
- Plain text: https://secwatch.observer/filing/0000890564-25-000042.txt

## Key facts
- Debt Financings
  Everforth Inc incurred term loan of $100.0 million with Wells Fargo Bank, National Association, as administrative agent at adjusted term SOFR rate (based on one, three or six-month interest periods) plus maturing February 14, 2028.
  - Instrument: term loan
  - Principal: $100.0 million
  - Counterparty: Wells Fargo Bank, National Association, as administrative agent
  - Rate: adjusted term SOFR rate (based on one, three or six-month interest periods) plus
  - Maturity: February 14, 2028
  - Event: incurrence
  source text: The Second Amendment amends the Company’s existing Third Amended and Restated Credit Agreement, dated as of August 31, 2023 (as amended, restated, supplemented and otherwise modified to date, the “Existing Credit Agreement”) by providing an incremental term loan facility (the “Incremental Term A Loans”) in an aggregate principal amount of $100.0 million, which was borrowed in full on the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/890564/000089056425000042/0000890564-25-000042-index.htm

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