{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-038877","form_type":"8-K","ticker":"MCW","cik":"0001853513","company_name":"Mister Car Wash, Inc.","filed_at":"2024-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:20.867470+00:00","generated_at":"2026-06-04T04:56:41.485770+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mister Car Wash completes $925M term loan and $300M revolver refinancing, extending maturities to 2031/2029","bullets":["Upsized term loan from $901M to $925M; maturity extended from 2026 to 2031.","Revolver increased from $150M to $300M; maturity extended from 2026 to 2029.","Interest rate SOFR+300bps (term loan) and SOFR+250bps (revolver); 0.10% credit spread adjustment removed.","Proceeds used to fully refinance existing $901M term loan B and $150M revolver due 2026.","CFO cites oversubscription and favorable pricing to support brand expansion and profitable growth."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-038877","json":"https://secwatch.observer/filing/0000950170-24-038877.json","markdown":"https://secwatch.observer/filing/0000950170-24-038877.md","text":"https://secwatch.observer/filing/0000950170-24-038877.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/0000950170-24-038877-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/mcw-20240327.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T04:56:41.485770+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d0254f8d3f92a30e0f8a7e5ba0a709906a6002d4","claim":"Mister Car Wash, Inc. amended credit facility of $925.0 million in first lien term commitments, consisting of: a. $901.2 million to refinance outstanding term loans b. $ with Bank of America, N.A. at Term SOFR or Base Rate, at the Borrower's option, plus an applicable margin (3.0 maturing March 27, 2031.","evidence_excerpt":"by Amendment No. 5, the “Credit Agreement”). Defined terms used herein and not defined have the meaning set forth in the Credit Agreement. The Credit Agreement provides for: 1. $925.0 million in first lien term commitments, consisting of: a. $901.2 million to refinance outstanding term loans b. $23.8 million in additional incremental term commitments (collectively,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/0000950170-24-038877-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$925.0 million in first lien term commitments, consisting of: a. $901.2 million to refinance outstanding term loans b. $"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Term SOFR or Base Rate, at the Borrower's option, plus an applicable margin (3.0"},{"label":"Maturity","value":"March 27, 2031"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"7448b0a97baf2692772e4e70f4e335fcaf935514","claim":"Mister Car Wash, Inc. amended Amendment No. 5 with Hotshine Intermediateco, Inc., other guarantors, lenders, and Bank of America, N.A. as administrative and collateral agent valued at $925.0 million (effective 2024-03-27).","evidence_excerpt":"On March 27, 2024, Mister Car Wash Holdings, Inc. (the \"Borrower\") entered into Amendment No. 5 to its Amended and Restated First Lien Credit Agreement with Hotshine Intermediateco, Inc. (\"Holdings\"), other guarantors, lenders, and Bank of America, N.A. (\"BofA\") as the successor administrative agent and collateral agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/0000950170-24-038877-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Hotshine Intermediateco, Inc., other guarantors, lenders, and Bank of America, N.A. as administrative and collateral agent"},{"label":"Value","value":"$925.0 million"},{"label":"Effective","value":"2024-03-27"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}