{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-030609","form_type":"8-K","ticker":"THR","cik":"0001489096","company_name":"Thermon Group Holdings, Inc.","filed_at":"2023-03-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.216319+00:00","generated_at":"2026-06-18T06:53:28.866982+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Thermon amends credit agreement: replaces LIBOR with SOFR, adds covenants for divestment","bullets":["Replaced LIBOR with Term SOFR as benchmark rate; technical updates for Term Benchmark and RFR Loans.","Added baskets to asset sale and affiliate transaction covenants to permit divestment of Thermon Eurasia LLC.","Added two financial covenants: US/Canadian loan parties must have ≥75% of total revenue and assets of the consolidated group.","Bank guarantees from any Loan Party to a Lender/affiliate now included in secured Obligations."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-030609","json":"https://secwatch.observer/filing/0001104659-23-030609.json","markdown":"https://secwatch.observer/filing/0001104659-23-030609.md","text":"https://secwatch.observer/filing/0001104659-23-030609.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1489096/000110465923030609/0001104659-23-030609-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1489096/000110465923030609/tm238664d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T06:53:28.866982+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"77d728bbdfaa812d88b81bc896e28e87da200351","claim":"Thermon Group Holdings, Inc. amended Amendment No. 2 to Credit Agreement, Amendment No. 1 to the Guarantee and Collateral Agreement and Amendment No. 1 to the Canadian Guarantee and Collateral Agreement with JPMorgan Chase Bank, N.A., as Administrative Agent, and the Lenders (effective 2023-03-07).","evidence_excerpt":"On March 7, 2023, the Company, the US Borrower and the Canadian Borrower entered into an Amendment No. 2 to Credit Agreement, Amendment No. 1 to the Guarantee and Collateral Agreement and Amendment No. 1 to the Canadian Guarantee and Collateral Agreement (collectively, the “Amendment”) with the Lenders and the Agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1489096/000110465923030609/0001104659-23-030609-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as Administrative Agent, and the Lenders"},{"label":"Effective","value":"2023-03-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}