---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-039415"
form_type: "8-K"
ticker: "TXRH"
cik: "0001289460"
company_name: "Texas Roadhouse, Inc."
filed_at: "2025-04-25T23:59:59+00:00"
generated_at: "2026-05-23T05:43:36.127772+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Texas Roadhouse enters new $450M revolver expiring 2030, replaces prior facility

## Summary
- New $450M unsecured revolving credit facility, with $250M accordion option.
- Matures April 24, 2030; interest at SOFR + 0.10% + variable margin (1.00%-1.75%) based on leverage.
- Financial covenants: fixed charge coverage >=2.00x, leverage <=3.00x.
- No borrowings drawn at closing; prior 2017 facility terminated.
- Led by JPMorgan Chase and PNC Bank as administrative agents.

## SEC filing metadata
- accession: 0001104659-25-039415
- form_type: 8-K
- ticker: TXRH
- cik: 0001289460
- company_name: Texas Roadhouse, Inc.
- filed_at: 2025-04-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289460/000110465925039415/0001104659-25-039415-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289460/000110465925039415/tm2512408d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-039415
- JSON: https://secwatch.observer/filing/0001104659-25-039415.json
- Plain text: https://secwatch.observer/filing/0001104659-25-039415.txt

## Key facts
- Debt Financings
  Texas Roadhouse, Inc. incurred revolving credit of up to $450.0 million with syndicate of commercial lenders led by JPMorgan Chase Bank, N.A and PNC Bank, N.A at Term Secured Overnight Financing Rate (SOFR), plus a fixed adjustment of 0.10% a maturing April 24, 2030.
  - Instrument: revolving credit
  - Principal: up to $450.0 million
  - Counterparty: syndicate of commercial lenders led by JPMorgan Chase Bank, N.A and PNC Bank, N.A
  - Rate: Term Secured Overnight Financing Rate (SOFR), plus a fixed adjustment of 0.10% a
  - Maturity: April 24, 2030
  - Event: incurrence
  source text: credit facility agreement dated August 7, 2017, as amended. The credit facility is a five-year, unsecured, revolving credit facility under which the Company can borrow up to $450.0 million with the option to increase by an additional $250.0 million, subject to certain limitations set forth in the credit facility agreement, including approval by the syndicate of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1289460/000110465925039415/0001104659-25-039415-index.htm

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