---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-062707"
form_type: "8-K"
ticker: "TXRH"
cik: "0001289460"
company_name: "Texas Roadhouse, Inc."
filed_at: "2023-05-19T23:59:59+00:00"
generated_at: "2026-06-14T19:32:33.756050+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Texas Roadhouse amends credit agreement to replace LIBOR with SOFR benchmark

## Summary
- Amendment No. 3 transitions from LIBOR to Term SOFR plus fixed 0.10% adjustment and variable spread of 0.875%-1.875% based on leverage ratio.
- No outstanding borrowings under the $300M revolving facility at time of transition; accordion feature allows up to $500M total.
- Credit agreement remains unsecured; lenders led by JPMorgan and PNC; effective May 19, 2023.

## SEC filing metadata
- accession: 0001104659-23-062707
- form_type: 8-K
- ticker: TXRH
- cik: 0001289460
- company_name: Texas Roadhouse, Inc.
- filed_at: 2023-05-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289460/000110465923062707/0001104659-23-062707-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289460/000110465923062707/tm2316109d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-062707
- JSON: https://secwatch.observer/filing/0001104659-23-062707.json
- Plain text: https://secwatch.observer/filing/0001104659-23-062707.txt

## Key facts
- Material Agreements
  Texas Roadhouse, Inc. amended Amendment No. 3 to Amended and Restated Credit Agreement with JPMorgan Chase Bank, N.A. and PNC Bank, National Association valued at $300.0 million (with option to increase by additional $200.0 million) (effective 2023-05-19).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A. and PNC Bank, National Association
  - Value: $300.0 million (with option to increase by additional $200.0 million)
  - Effective: 2023-05-19
  source text: On May 19, 2023, Texas Roadhouse, Inc., a Delaware corporation (the "Company"), and certain of its subsidiaries entered into a Amendment No. 3 to Amended and Restated Credit Agreement (the "Amendment No. 3"), further amending the Amended and Restated Credit Agreement dated August 7, 2017 (the "Amended Credit Agreement") with a syndicate of commercial lenders led by JPMorgan Chase Bank, N.A. and PNC Bank, National Association.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289460/000110465923062707/0001104659-23-062707-index.htm

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