{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-279790","form_type":"8-K","ticker":"THO","cik":"0000730263","company_name":"THOR INDUSTRIES INC","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.852062+00:00","generated_at":"2026-06-08T00:36:39.196275+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Thor Industries amends credit agreements, reduces term loan margin by 0.25% and extends maturities","bullets":["Term Loan margin reduced 0.25%; ABR margin now 1.75%, Term Benchmark 2.75%; SOFR spread eliminated.","Term loan maturity extended to Nov 15, 2030; ABL maturity extended to Nov 15, 2028 under ABL Amendment.","Outstanding: $450M USD term loan and €330M Euro term loan; ABL commitments unchanged at $1.0B.","Covenants and other material provisions of both credit agreements remain materially unchanged."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-279790","json":"https://secwatch.observer/filing/0001193125-23-279790.json","markdown":"https://secwatch.observer/filing/0001193125-23-279790.md","text":"https://secwatch.observer/filing/0001193125-23-279790.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/0001193125-23-279790-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/d455216d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:36:39.196275+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1eab8e421b8ce6f7446f6016820666babed907c0","claim":"THOR INDUSTRIES INC amended term loan of $450 million on the USD Term Loan and €330 million on the EURO Term Loan with JPMorgan Chase Bank, N.A., as administrative agent at applicable margin for ABR Loans is now 1.75% and for Term Benchmark Loans is 2.7 maturing November 15, 2030.","evidence_excerpt":"material provisions of the Credit Agreement remain materially unchanged. As of November 15, 2023 the principal amounts outstanding under the Term Loan Credit Agreement were $450 million on the USD Term Loan (as defined in the Term Loan Credit Agreement) and €330 million on the EURO Term Loan (as defined in the Term Loan Credit Agreement). Also on November 15,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/0001193125-23-279790-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$450 million on the USD Term Loan and €330 million on the EURO Term Loan"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"applicable margin for ABR Loans is now 1.75% and for Term Benchmark Loans is 2.7"},{"label":"Maturity","value":"November 15, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"41190da4163619b40ce318f86c0a2e9ad9320806","claim":"THOR INDUSTRIES INC amended revolving credit of $1.0 billion with JPMorgan Chase Bank, N.A., as administrative agent at applicable margin, covenants and other material provisions...remain materially u maturing November 15, 2028.","evidence_excerpt":"modifications, the maturity date for the loans under the ABL Credit Agreement was extended until November 15, 2028. Total commitments under the ABL Credit Agreement remain at $1.0 billion. The applicable margin, covenants and other material provisions of the ABL Credit Agreement remain materially unchanged. The foregoing description of the Amendments does not","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/0001193125-23-279790-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.0 billion"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"applicable margin, covenants and other material provisions...remain materially u"},{"label":"Maturity","value":"November 15, 2028"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"0fbb119430573807178cee10dd969f0a69bc8627","claim":"THOR INDUSTRIES INC amended Amendment No. 3 to the Term Loan Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent (effective 2023-11-15).","evidence_excerpt":"On November 15, 2023, Thor Industries, Inc. (the “Company”), certain subsidiaries of the Company, and JPMorgan Chase Bank, N.A., as administrative agent (“JPMorgan”), entered into an Amendment No. 3 to the Term Loan Credit Agreement (the “Term Loan Amendment”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/0001193125-23-279790-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Effective","value":"2023-11-15"}],"fact_type":"material_agreement"},{"claim_id":"4dd45948949b9a4101396b329dbf2d44bdbbc229","claim":"THOR INDUSTRIES INC amended ABL Amendment with JPMorgan Chase Bank, N.A., as administrative agent valued at $1.0 billion (effective 2023-11-15).","evidence_excerpt":"Also on November 15, 2023, the Company amended its ABL Credit Agreement (the “ABL Amendment” and together with the Term Loan Amendment, the “Amendments”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/730263/000119312523279790/0001193125-23-279790-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Value","value":"$1.0 billion"},{"label":"Effective","value":"2023-11-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}