---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-22-005434"
form_type: "8-K"
ticker: "BWEN"
cik: "0001120370"
company_name: "BROADWIND, INC."
filed_at: "2022-08-08T23:59:59+00:00"
generated_at: "2026-06-24T02:35:43.215139+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Broadwind secures $42.6M Wells Fargo facilities, replacing prior credit

## Summary
- $35M revolver and $7.578M term loan from Wells Fargo, maturing August 2027.
- Facility replaces prior CIBC Bank USA credit agreement; used for corporate purposes.
- Borrowings bear Daily Simple SOFR plus 2.00%-2.50% margin (revolver) and 2.50% (term loan).
- Covenants include minimum EBITDA ramp from $0 (Jun 2022) to $5.1M (Jun 2023).
- Company can prepay without penalty; secured by assets and Abilene, TX facility.

## SEC filing metadata
- accession: 0001171843-22-005434
- form_type: 8-K
- ticker: BWEN
- cik: 0001120370
- company_name: BROADWIND, INC.
- filed_at: 2022-08-08T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120370/000117184322005434/0001171843-22-005434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120370/000117184322005434/f8k_080622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-22-005434
- JSON: https://secwatch.observer/filing/0001171843-22-005434.json
- Plain text: https://secwatch.observer/filing/0001171843-22-005434.txt

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