---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-071335"
form_type: "8-K"
ticker: "NX"
cik: "0001423221"
company_name: "Quanex Building Products CORP"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:34:52.496559+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Quanex amends credit agreement to add $500M term loan and $475M revolver for Tyman acquisition

## Summary
- Amended credit agreement increases revolving credit facility to $475M and adds a $500M term loan A facility.
- Proceeds from new facilities will partially fund the previously announced acquisition of Tyman plc.
- Maturity date of facilities is five years after initial funding; term loan amortizes at 5% per annum.
- Borrowings bear interest at Base Rate or Adjusted Term SOFR plus applicable margins (1.000%-1.750% for Base Rate, 2.000-2.750% for SOFR).
- Facilities guaranteed by material U.S. subsidiaries and secured by first-priority liens on substantially all assets.

## SEC filing metadata
- accession: 0001104659-24-071335
- form_type: 8-K
- ticker: NX
- cik: 0001423221
- company_name: Quanex Building Products CORP
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423221/000110465924071335/0001104659-24-071335-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423221/000110465924071335/tm2417183d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-071335
- JSON: https://secwatch.observer/filing/0001104659-24-071335.json
- Plain text: https://secwatch.observer/filing/0001104659-24-071335.txt

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