secwatch.observer — SEC 8-K summary
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Issuer:     Texas Roadhouse, Inc. (TXRH)
CIK:        0001289460
Form:       8-K
Filed at:   2025-04-25T23:59:59+00:00
Accession:  0001104659-25-039415
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289460/000110465925039415/0001104659-25-039415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289460/000110465925039415/tm2512408d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-039415

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