---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-107918"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2024-10-11T23:59:59+00:00"
generated_at: "2026-05-30T15:51:06.935651+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CECO Environmental enters new $400M credit facility, extends maturity to 2029

## Summary
- Initial revolving credit facility of $400M; can be increased by up to $125M plus additional subject to leverage ratio.
- Matures October 7, 2029; replaces 2019 credit agreement.
- Interest rate spreads range from 1.75% to 3.25% over SOFR/EURIBOR/CORRA.
- Financial covenants: max net leverage 4.00x, max secured net leverage 3.00x, min fixed charge coverage 1.25x.
- $146.6M outstanding on effective date under the new facility.

## SEC filing metadata
- accession: 0001104659-24-107918
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2024-10-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000110465924107918/0001104659-24-107918-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000110465924107918/tm2425665d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-107918
- JSON: https://secwatch.observer/filing/0001104659-24-107918.json
- Plain text: https://secwatch.observer/filing/0001104659-24-107918.txt

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