secwatch.observer — SEC 8-K summary
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Issuer:     ALAMO GROUP INC (ALG)
CIK:        0000897077
Form:       8-K
Filed at:   2026-05-27T21:47:40+00:00
Accession:  0000897077-26-000078
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alamo Group enters $602.5M credit agreement with $202.5M term loan and $400M revolver
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- Total commitments: $602.5M, comprising $202.5M term loan and $400M revolving facility maturing May 27, 2031.
- Term loan requires equal quarterly principal payments of $1,265,625; remaining due at maturity.
- Interest rates: Term SOFR + 1.25%-2.25% or Base Rate + 0.25%-1.25% depending on consolidated net leverage ratio.
- Financial covenants: maximum consolidated net leverage ratio and minimum consolidated fixed charge coverage ratio.
- Proceeds used to pay fees/expenses and finance working capital and general corporate purposes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/897077/000089707726000078/0000897077-26-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/897077/000089707726000078/alg-20260527.htm
  HTML page:      https://secwatch.observer/filing/0000897077-26-000078

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