---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-364985"
form_type: "8-K"
ticker: "FORR"
cik: "0001023313"
company_name: "FORRESTER RESEARCH, INC."
filed_at: "2021-12-22T23:59:59+00:00"
generated_at: "2026-06-27T22:48:23.180685+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Forrester increases revolving credit facility to $150M, extends maturity to Dec 2026

## Summary
- Revolving commitments raised from $75M to $150M; existing term loan facility eliminated.
- Maturity extended to December 2026; interest margins reduced to 1.25%-1.75% (LIBOR) and 0.25%-0.75% (base rate).
- Commitment fee on undrawn amounts reduced to 0.30%-0.20% based on leverage ratio.
- New minimum consolidated interest coverage ratio of 3.50:1.00 replaces minimum fixed charge coverage ratio.
- Capital expenditure covenant added with $25M annual HQ exception and $20M general basket exception.

## SEC filing metadata
- accession: 0001193125-21-364985
- form_type: 8-K
- ticker: FORR
- cik: 0001023313
- company_name: FORRESTER RESEARCH, INC.
- filed_at: 2021-12-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1023313/000119312521364985/0001193125-21-364985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023313/000119312521364985/d270867d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-364985
- JSON: https://secwatch.observer/filing/0001193125-21-364985.json
- Plain text: https://secwatch.observer/filing/0001193125-21-364985.txt

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