{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-086820","form_type":"8-K","ticker":"TNC","cik":"0000097134","company_name":"TENNANT CO","filed_at":"2024-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.486600+00:00","generated_at":"2026-05-31T12:03:28.253574+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Tennant Company enters $650M senior secured credit facility due 2029","bullets":["$650M revolving credit facility, expandable by $325M, matures August 7, 2029.","Interest rates: Term SOFR+1.25%-2.00% or ABR+0.25%-1.00%, based on leverage ratio.","Commitment fee on undrawn portion: 0.15%-0.30% annually based on leverage ratio.","Covenants: max leverage 3.75x, min interest coverage 3.00x, restricted payment limit if leverage >2.50x.","Facility is senior secured; collateral includes substantially all personal property and subsidiary stock."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-086820","json":"https://secwatch.observer/filing/0001104659-24-086820.json","markdown":"https://secwatch.observer/filing/0001104659-24-086820.md","text":"https://secwatch.observer/filing/0001104659-24-086820.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/97134/000110465924086820/0001104659-24-086820-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/97134/000110465924086820/tm2421061d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:03:28.253574+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}