Thermon enters into $240M credit facility to refinance debt, extend maturity to 2030

Thermon Group Holdings, Inc.

$115M five-year secured revolving credit facility and $125M five-year secured term loan A.
Proceeds used to repay existing indebtedness under the prior credit agreement.
Thermon Europe B.V. added as a borrower; accordion up to $125M or 100% consolidated EBITDA.
Interest margins: ABR/Canadian prime loans 0.50%, SOFR/CORRA/EURIBOR loans 1.50% (leverage-based grid after one quarter).
Leverage covenant max 3.50:1.00; fixed charge coverage ratio min 1.25:1.00.

item 1.01item 2.03item 9.01

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