secwatch.observer — SEC 8-K summary
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Issuer:     Bowman Consulting Group Ltd. (BWMN)
CIK:        0001847590
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0001193125-22-287674
Event type: debt
Sentiment:  positive
Materiality: 0.40
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bowman Consulting ups revolving credit line to $50M from $25M; term ends Sep 2024
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- Amended and Restated Credit Agreement with Bank of America increases revolver to $50M (from $25M).
- Initial term ends September 30, 2024; interest based on Term SOFR plus 2.00%-2.60%.
- Obligations secured by substantially all assets; subsidiaries guarantee the facility.
- Covenants include fixed charge coverage ratio and leverage ratio of debt to EBITDA.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/0001193125-22-287674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847590/000119312522287674/d422163d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-287674

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