---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-020541"
form_type: "8-K"
ticker: "MEC"
cik: "0001766368"
company_name: "Mayville Engineering Company, Inc."
filed_at: "2026-02-26T23:59:59+00:00"
generated_at: "2026-05-15T23:42:38.477804+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Mayville Engineering cuts revolver to $275M, relaxes leverage covenants, curbs acquisitions

## Summary
- Revolver commitment reduced by $75M to $275M; consent fee of 0.075% paid to lenders.
- Maximum total leverage ratio raised to 5.25x for Q1–Q2 2026, stepping down to 3.50x by 2027.
- Minimum interest coverage ratio lowered to 2.75x for H2 2026, reverting to 3.00x in 2027.
- Two new pricing tiers apply when leverage reaches 4.00x or 5.00x.
- Acquisition restrictions imposed for fiscal 2026; prior notice for revolver reduction waived.

## SEC filing metadata
- accession: 0001104659-26-020541
- form_type: 8-K
- ticker: MEC
- cik: 0001766368
- company_name: Mayville Engineering Company, Inc.
- filed_at: 2026-02-26T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766368/000110465926020541/0001104659-26-020541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766368/000110465926020541/tmb-20260225x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-020541
- JSON: https://secwatch.observer/filing/0001104659-26-020541.json
- Plain text: https://secwatch.observer/filing/0001104659-26-020541.txt

## Source-grounded claims
- claim_id: 4700dc59da3f6bbddd2192bff6e44b6a432f12b7
  claim: Mayville Engineering Company, Inc. amended revolving credit of $275,000,000 with Wells Fargo Bank, National Association.
  evidence_excerpt: The Third Amendment (i) decreased the total commitment size of the senior secured revolver by $75,000,000, to $275,000,000; (ii) added two additional pricing levels to apply during periods when the consolidated total leverage ratio under the Amended and Restated Credit Agreement is equal to or greater than 4.00 to 1.00 and 5.00 to 1.00, respectively; (iii) provided for increases to the permitted maximum consolidated total leverage ratio under the Amended and Restated Credit Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766368/000110465926020541/0001104659-26-020541-index.htm
- claim_id: d151d47b1a000f19184a495d7517bbc8407fbab9
  claim: Mayville Engineering Company, Inc. entered into Third Amendment with Wells Fargo Bank, National Association valued at $275,000,000 commitment of senior secured revolver (effective 2026-02-25).
  evidence_excerpt: On February 25, 2026, Mayville Engineering Company, Inc. (the “Company”) entered into the Third Amendment (the “Third Amendment”) to its Amended and Restated Credit Agreement, dated as of June 28, 2023, by and among Mayville Engineering Company, Inc., certain subsidiaries of Mayville Engineering Company, as guarantors, the lenders from time-to-time party thereto, and Wells Fargo Bank, National Association, as Administrative Agent for the lenders
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766368/000110465926020541/0001104659-26-020541-index.htm

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