---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-172675"
form_type: "8-K"
ticker: "TBCH"
cik: "0001493761"
company_name: "Turtle Beach Corp"
filed_at: "2025-08-04T23:59:59+00:00"
generated_at: "2026-05-17T21:25:38.341611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Turtle Beach enters $150M credit facility ($60M term loan + $90M revolver), matures Aug 2028

## Summary
- New $150M credit facility includes a $60M term loan and a $90M revolving credit facility, maturing August 1, 2028.
- Interest rates: base rate loans at SOFR/prime + 2.00%-2.75%; term SOFR/EURIBOR loans at +3.00%-3.75%.
- Facility secured by substantially all assets of loan parties; includes financial covenants (fixed charge coverage ratio, leverage ratio).
- Proceeds used to refinance existing indebtedness and for working capital and general corporate purposes.
- Facility replaces previous debt arrangements and provides $60M term loan, $90M revolving availability.

## SEC filing metadata
- accession: 0001193125-25-172675
- form_type: 8-K
- ticker: TBCH
- cik: 0001493761
- company_name: Turtle Beach Corp
- filed_at: 2025-08-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493761/000119312525172675/0001193125-25-172675-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493761/000119312525172675/d12194d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-172675
- JSON: https://secwatch.observer/filing/0001193125-25-172675.json
- Plain text: https://secwatch.observer/filing/0001193125-25-172675.txt

## Key facts
- Debt Financings
  Turtle Beach Corp incurred credit facility of a $60,000,000 term loan facility and a $90,000,000 revolving credit facility with Bank of America, N.A., as the administrative agent, the swingline lender and the L/C issuer at floating rate plus a margin ranging from 2.00% to 2.75% for base rate loans and maturing August 1, 2028.
  - Instrument: credit facility
  - Principal: a $60,000,000 term loan facility and a $90,000,000 revolving credit facility
  - Counterparty: Bank of America, N.A., as the administrative agent, the swingline lender and the L/C issuer
  - Rate: floating rate plus a margin ranging from 2.00% to 2.75% for base rate loans and
  - Maturity: August 1, 2028
  - Event: incurrence
  source text: The Credit Agreement includes a $60,000,000 term loan facility (the “Term Loan Facility”) and a $90,000,000 revolving credit facility (“Revolving Facility", and together with the Term Loan Facility, the “Facilities”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493761/000119312525172675/0001193125-25-172675-index.htm

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