---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-086426"
form_type: "8-K"
ticker: "SPXC"
cik: "0000088205"
company_name: "SPX Technologies, Inc."
filed_at: "2023-08-01T23:59:59+00:00"
generated_at: "2026-06-12T21:06:40.821610+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# SPX Technologies secures $300M incremental term loan facility; discloses ASPEQ merger agreement

## Summary
- SPX Enterprises (SPXC sub) added a $300M incremental term loan from 8 lenders; matures August 12, 2027.
- Pricing grid based on leverage: Term SOFR +1.500%-1.875%, plus commitment fee of 0.225%-0.275%.
- Quarterly amortization starts Dec 2023 at 0.625% of initial principal, increasing to 1.250% from Dec 2024.
- Merger agreement to acquire ASPEQ Parent Holdings signed April 28, 2023; no deal value disclosed in filing.

## SEC filing metadata
- accession: 0001104659-23-086426
- form_type: 8-K
- ticker: SPXC
- cik: 0000088205
- company_name: SPX Technologies, Inc.
- filed_at: 2023-08-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88205/000110465923086426/0001104659-23-086426-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88205/000110465923086426/tm2321538d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-086426
- JSON: https://secwatch.observer/filing/0001104659-23-086426.json
- Plain text: https://secwatch.observer/filing/0001104659-23-086426.txt

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