secwatch.observer — SEC 8-K summary
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Issuer:     TETRA TECH INC (TTEK)
CIK:        0000831641
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001104659-22-025417
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tetra Tech establishes $1B sustainability-linked credit facility; expands borrowing capacity
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- $1B facility includes $250M term loan, $500M revolver, and $300M accordion feature.
- Interest rate grid can be reduced up to 5% for meeting GHG and social impact KPIs.
- Facility replaces 2018 agreement; matures February 18, 2027.
- Linked to targets: reduce GHG by 78% already, goal to be carbon negative and improve 1 billion lives by 2030.
- Led by Bank of America; joint lead arrangers: Wells Fargo, US Bank, Bank of Montreal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/831641/000110465922025417/0001104659-22-025417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/831641/000110465922025417/tm227254d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-025417

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer