---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-121246"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2021-09-30T23:59:59+00:00"
generated_at: "2026-06-29T00:21:57.091486+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Thermon refinances debt, estimates $4M annual cash interest savings

## Summary
- Replaced $140M term loan B with $80M US term loan A, CAD76M Canadian term loan A, and $100M revolver – expects ~$4M annual cash interest savings.
- New 5-year facilities mature September 2026; quarterly amortization starts Jan 2022 at 1.25% per quarter.
- Leverage ratio covenant: max 3.75:1 through Sep 2022, then 3.50:1; fixed charge coverage ≥1.25:1.
- Acquisition holiday allows temporarily increased leverage following certain acquisitions.
- Pricing: adjusted LIBOR +162.5bps on US loans; CDOR +162.5bps on Canadian loans.

## SEC filing metadata
- accession: 0001104659-21-121246
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2021-09-30T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000110465921121246/0001104659-21-121246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000110465921121246/tm2128850d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-121246
- JSON: https://secwatch.observer/filing/0001104659-21-121246.json
- Plain text: https://secwatch.observer/filing/0001104659-21-121246.txt

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