---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-036815"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2026-02-04T23:59:59+00:00"
generated_at: "2026-05-16T05:06:40.480514+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# CECO Environmental enters $700M revolving credit facility maturing 2031

## Summary
- Facility size of $700M, with option to increase by up to $150M plus additional amount subject to leverage test.
- Maturity extended to January 30, 2031; interest rates based on leverage ratio (Base Rate + 0.50%-2.00% or Term SOFR + 1.50%-3.00%).
- $235.8M outstanding at closing; proceeds for general corporate purposes.
- Financial covenants: Consolidated Net Leverage Ratio ≤ 4.00x, Secured Net Leverage ≤ 3.50x, Fixed Charge Coverage ≥ 1.25x.
- Lenders include Bank of America, TD Bank, Fifth Third, PNC, Citibank, City National, JPMorgan, Wells Fargo.

## SEC filing metadata
- accession: 0001193125-26-036815
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2026-02-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000119312526036815/0001193125-26-036815-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000119312526036815/ceco-20260130.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-036815
- JSON: https://secwatch.observer/filing/0001193125-26-036815.json
- Plain text: https://secwatch.observer/filing/0001193125-26-036815.txt

## Source-grounded claims
- claim_id: 6786582cafc97f0dbfc3fd1468eb0ae2a4cba594
  claim: CECO ENVIRONMENTAL CORP incurred revolving credit of $700.0 million with Bank of America, N.A. at an applicable rate of between 1.50% and 3.00% (fluctuating based on the Company’ maturing January 30, 2031.
  evidence_excerpt: The Credit Agreement provides for a senior secured revolving credit facility in an initial aggregate principal amount of up to $700.0 million (the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000119312526036815/0001193125-26-036815-index.htm
- claim_id: 537f95a5c5e47f34ad414b29fdf5c9f06ce0172b
  claim: CECO ENVIRONMENTAL CORP amended Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at Senior secured revolving credit facility of up to $700 million, maturing January 30, 2031, with inte (effective 2026-01-30).
  evidence_excerpt: On January 30, 2026 (the “Effective Date”), CECO Environmental Corp. (the “Company”) entered into the Fourth Amended and Restated Credit Agreement (the “Credit Agreement”), among the Company, its subsidiaries from time to time party thereto, the lenders from time to time party thereto (the “Lenders”), and Bank of America, N.A., as administrative agent (the “Agent”), which amends and restates in its entirety the Company’s Third Amended and Restated Credit Agreement, dated as of October 7, 2024, among the Company, its subsidiaries from time to time party thereto, the lenders from time to time party thereto and the Agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000119312526036815/0001193125-26-036815-index.htm

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