{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-086404","form_type":"8-K","ticker":"FIX","cik":"0001035983","company_name":"COMFORT SYSTEMS USA INC","filed_at":"2025-09-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.167652+00:00","generated_at":"2026-05-17T08:42:51.443213+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Comfort Systems USA upsizes revolving credit facility to $1.1B, extends maturity to 2030","bullets":["New $1.1B senior secured revolver replaces $850M prior facility; maturity extended to Oct 1, 2030.","Incremental increase option up to greater of $500M or 1.0x Consolidated EBITDA.","Subfacilities: $200M letters of credit, $75M swingline loans.","Net leverage covenant max 4.00x post-acquisition, 3.50x otherwise; interest coverage min 3.00x.","Dividend/stock repurchase unlimited when net leverage ≤ 2.75x; acquisitions unlimited when leverage 0.25x below max."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-086404","json":"https://secwatch.observer/filing/0001104659-25-086404.json","markdown":"https://secwatch.observer/filing/0001104659-25-086404.md","text":"https://secwatch.observer/filing/0001104659-25-086404.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035983/000110465925086404/0001104659-25-086404-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035983/000110465925086404/tm2524764d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:42:51.443213+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":"7d1f270974e4af43e2e7707b6dcd6da1b984c618","claim":"COMFORT SYSTEMS USA INC amended revolving credit of $1.1 billion with Wells Fargo Bank, National Association, as administrative agent at term SOFR plus 1.25% at closing maturing October 1, 2030.","evidence_excerpt":"on the Company’s assets related to projects subject to surety bonds. The revolving line of credit to the Company was increased from $850 million under the Prior Facility, to $1.1 billion under the Facility. The Facility includes an option to increase the Facility by an amount up to the greater of (a) $500 million and (b) 1.0x the Company’s Consolidated EBITDA (as","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035983/000110465925086404/0001104659-25-086404-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.1 billion"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association, as administrative agent"},{"label":"Rate","value":"term SOFR plus 1.25% at closing"},{"label":"Maturity","value":"October 1, 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"}