---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-009471"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:31:35.182040+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality extends ABL credit facility maturity to 2028, switches to SOFR

## Summary
- Maturity of ABL facility extended to February 1, 2028.
- Interest rate benchmark converted from LIBOR to Term SOFR.
- New revolver commitments replace existing; non-consenting lenders repaid.
- Bank of America remains administrative agent under amended agreement.

## SEC filing metadata
- accession: 0001104659-23-009471
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2023-02-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000110465923009471/0001104659-23-009471-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000110465923009471/tm235106d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-009471
- JSON: https://secwatch.observer/filing/0001104659-23-009471.json
- Plain text: https://secwatch.observer/filing/0001104659-23-009471.txt

## Key facts
- Material Agreements
  Target Hospitality Corp. amended Amendment with Bank of America, N.A., as administrative agent, and the lenders party thereto (effective 2023-02-01).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent, and the lenders party thereto
  - Effective: 2023-02-01
  source text: On February 1, 2023, Arrow Bidco, LLC (“Arrow Bidco”) and certain other subsidiaries of Target Hospitality Corp. entered into a first amendment (the “Amendment”) to the ABL Credit Agreement, dated as of March 15, 2019, (as amended, amended and restated, supplemented or otherwise modified from time to time prior to the date of the Amendment, the “Credit Agreement”), by and among Arrow Bidco, the borrowers and guarantors party thereto from time to time, the lenders and fronting banks party thereto from time to time and Bank of America, N.A., as administrative agent and collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000110465923009471/0001104659-23-009471-index.htm

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