{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-071742","form_type":"8-K","ticker":"THR","cik":"0001489096","company_name":"Thermon Group Holdings, Inc.","filed_at":"2025-07-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.101993+00:00","generated_at":"2026-05-17T23:38:31.248841+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Thermon enters into $240M credit facility to refinance debt, extend maturity to 2030","bullets":["$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."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-071742","json":"https://secwatch.observer/filing/0001104659-25-071742.json","markdown":"https://secwatch.observer/filing/0001104659-25-071742.md","text":"https://secwatch.observer/filing/0001104659-25-071742.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1489096/000110465925071742/0001104659-25-071742-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1489096/000110465925071742/tm2521966d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T23:38:31.248841+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":[{"claim_id":"0b61067ad37c453308448baf0ace0c7cf1587e31","claim":"Thermon Group Holdings, Inc. amended term loan of US $125.0 million five-year secured term loan A with JPMorgan Chase Bank, N.A., as Administrative Agent at base rate, plus an applicable margin, or at a rate based on SOFR plus an applica maturing July 24, 2030.","evidence_excerpt":"in the aggregate. The Revolving Credit Facility includes sublimits for letters of credit and swingline loans (the “Revolving Credit Facility”). · Term Loan Facility : A US $125.0 million five-year secured term loan A (the “Term Loan”) made available in U.S. Dollars to the US Borrower (the “Term Loan Facility”). Proceeds of the Facilities were used at closing to","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1489096/000110465925071742/0001104659-25-071742-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"US $125.0 million five-year secured term loan A"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as Administrative Agent"},{"label":"Rate","value":"base rate, plus an applicable margin, or at a rate based on SOFR plus an applica"},{"label":"Maturity","value":"July 24, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"e05879a0513054a9e2dca4e09d6a29367b41c804","claim":"Thermon Group Holdings, Inc. amended credit facility of US $115.0 million five-year a secured revolving credit facility with JPMorgan Chase Bank, N.A., as Administrative Agent at base rate, plus an applicable margin, or at a rate based on SOFR plus an applica maturing July 24, 2030.","evidence_excerpt":"agent (the “Prior Credit Agreement”), and provides for the credit facilities described below (collectively, the “Facilities”). Facilities . · Revolving Credit Facility : A US $115.0 million five-year a secured revolving credit facility made available in U.S. Dollars to the US Borrower, in Canadian Dollars to the Canadian Borrower, and in Euros to the Dutch Borrower,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1489096/000110465925071742/0001104659-25-071742-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"US $115.0 million five-year a secured revolving credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as Administrative Agent"},{"label":"Rate","value":"base rate, plus an applicable margin, or at a rate based on SOFR plus an applica"},{"label":"Maturity","value":"July 24, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}