secwatch.observer — SEC 8-K summary
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Issuer:     WABASH NATIONAL Corp (WNC)
CIK:        0000879526
Form:       8-K
Filed at:   2022-09-26T23:59:59+00:00
Accession:  0001193125-22-250584
Event type: debt
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wabash National amends credit facility: $350M revolver, maturity extended to 2027
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- Revolving commitments increased to $350M with $175M accordion; maturity extended to Sept 23, 2027.
- Interest rate pricing based on SOFR plus 1.25%-1.75% or base rate plus 0.25%-0.75%.
- JPMorgan Chase joined as a new lender; Citizens Bank no longer syndication agent.
- Certain subsidiaries released as guarantors; collateral and guarantees reaffirmed.
- Minimum fixed charge coverage ratio of 1.0x applies when excess availability is low.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/879526/000119312522250584/0001193125-22-250584-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/879526/000119312522250584/d321544d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-250584

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