secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARTIN MIDSTREAM PARTNERS L.P. (MMLP)
CIK:        0001176334
Form:       8-K
Filed at:   2026-04-06T23:59:59+00:00
Accession:  0001176334-26-000016
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Martin Midstream amends credit agreement: revolver cut to $115M, covenants adjusted
--------------------------------------------------------------------------------

- Revolving credit facility reduced from $130M to $115M effective March 31, 2026.
- Minimum interest coverage ratio set at 1.65x for fiscal quarters ending March-Dec 2026, then 1.75x.
- Maximum total leverage ratio set at 5.50x for same period, stepping down to 5.00x by Sept 2027.
- Royal Bank of Canada remains administrative and collateral agent.
- Borrower represented no default or material adverse change since Dec 31, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176334/000117633426000016/0001176334-26-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176334/000117633426000016/mmlp-20260331.htm
  HTML page:      https://secwatch.observer/filing/0001176334-26-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer