---
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"
generated_at: "2026-06-04T04:56:41.485770+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Mister Car Wash completes $925M term loan and $300M revolver refinancing, extending maturities to 2031/2029

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-038877
- JSON: https://secwatch.observer/filing/0000950170-24-038877.json
- Plain text: https://secwatch.observer/filing/0000950170-24-038877.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $925.0 million in first lien term commitments, consisting of: a. $901.2 million to refinance outstanding term loans b. $
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR or Base Rate, at the Borrower's option, plus an applicable margin (3.0
  - Maturity: March 27, 2031
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/0000950170-24-038877-index.htm
- Material Agreements
  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).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Hotshine Intermediateco, Inc., other guarantors, lenders, and Bank of America, N.A. as administrative and collateral agent
  - Value: $925.0 million
  - Effective: 2024-03-27
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1853513/000095017024038877/0000950170-24-038877-index.htm

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