---
schema_version: "secwatch.filing_event.v1"
accession: "0000950157-22-000927"
form_type: "8-K"
ticker: "MTX"
cik: "0000891014"
company_name: "MINERALS TECHNOLOGIES INC"
filed_at: "2022-08-11T23:59:59+00:00"
generated_at: "2026-06-24T01:15:22.618111+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Minerals Technologies refinances $550M term loan and $300M revolver through 2027

## Summary
- New $550M senior secured term loan facility and $300M revolving credit facility, maturing Aug 11, 2027.
- Interest at Term SOFR + 0.100% + 1.500% margin (base rate + 0.500%), with leverage-based adjustments.
- Replaces $788M term loan and $300M revolver from prior credit agreement.
- Covenants include max net leverage ratio of 4.00x and min interest coverage of 3.00x.
- Proceeds used to refinance existing debt; no change in total committed capacity.

## SEC filing metadata
- accession: 0000950157-22-000927
- form_type: 8-K
- ticker: MTX
- cik: 0000891014
- company_name: MINERALS TECHNOLOGIES INC
- filed_at: 2022-08-11T23:59:59+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/891014/000095015722000927/0000950157-22-000927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/891014/000095015722000927/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950157-22-000927
- JSON: https://secwatch.observer/filing/0000950157-22-000927.json
- Plain text: https://secwatch.observer/filing/0000950157-22-000927.txt

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