---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-132448"
form_type: "8-K"
ticker: "MCW"
cik: "0001853513"
company_name: "Mister Car Wash, Inc."
filed_at: "2024-12-03T23:59:59+00:00"
generated_at: "2026-05-29T10:12:18.410319+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mister Car Wash reprices $923M term loan, reduces margin to 2.75%

## Summary
- Repriced $923M Term Loan B due 2031; SOFR margin cut 25 bps to 2.75% with further step-downs.
- Revolving loan margin reduced from 3.00% to 2.75%, with step-downs based on First Lien Net Leverage Ratio.
- Soft call protection of 1% reset for six months on voluntary prepayments of repriced term loans.
- Base rate loan margin reduced to 1.75% from 2.00% with similar step-down structure.

## SEC filing metadata
- accession: 0000950170-24-132448
- form_type: 8-K
- ticker: MCW
- cik: 0001853513
- company_name: Mister Car Wash, Inc.
- filed_at: 2024-12-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1853513/000095017024132448/0000950170-24-132448-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1853513/000095017024132448/mcw-20241126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-132448
- JSON: https://secwatch.observer/filing/0000950170-24-132448.json
- Plain text: https://secwatch.observer/filing/0000950170-24-132448.txt

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