secwatch.observer — SEC 8-K summary
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Issuer:     ServiceTitan, Inc. (TTAN)
CIK:        0001638826
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001193125-26-035548
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

ServiceTitan ups revolver to $250M, repays $107M term loan under amended credit agreement
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- Revolving credit facility increased from $140M to $250M; maturity extended to Jan 30, 2031.
- Existing ~$107M term loan repaid in full; no loans outstanding under amended facility.
- Financial covenants replaced with total net leverage; pricing now based on net leverage.
- Negative covenants (liens, investments, restricted payments) modified for more flexibility.
- Amendment also updates unused commitment fee pricing to total net leverage metric.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1638826/000119312526035548/0001193125-26-035548-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1638826/000119312526035548/ttan-20260130.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-035548

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