---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-135874"
form_type: "8-K"
ticker: "TREX"
cik: "0001069878"
company_name: "TREX CO INC"
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T07:55:55.488338+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Trex enters new $700M credit facility, replacing $550M prior facility, maturing 2031

## Summary
- New $700M revolving credit facility replaces prior $550M facility; term extended to March 26, 2031.
- Includes $60M letter of credit sublimit and $40M swing line sublimit; interest based on Term SOFR plus 1.00%-1.75% margin.
- Financial covenants: interest coverage ratio >= 2.50x and debt/EBITDA <= 3.75x (4.25x for qualifying acquisitions).
- Proceeds may be used to refinance existing debt, working capital, capex, permitted acquisitions, and fees.
- Security granted on substantially all assets (accounts, equipment, inventory, IP, etc.) excluding excluded property.

## SEC filing metadata
- accession: 0001193125-26-135874
- form_type: 8-K
- ticker: TREX
- cik: 0001069878
- company_name: TREX CO INC
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1069878/000119312526135874/0001193125-26-135874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1069878/000119312526135874/trex-20260401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-135874
- JSON: https://secwatch.observer/filing/0001193125-26-135874.json
- Plain text: https://secwatch.observer/filing/0001193125-26-135874.txt

## Source-grounded claims
- claim_id: c7ec95e352eb617a9a1f6faab0593bd54fc16121
  claim: TREX CO INC amended revolving credit of $700,000,000 with Bank of America, N.A. (as Administrative Agent) at Term SOFR plus Applicable Rate (ranging from 1.00% to 1.75%) maturing March 26, 2031.
  evidence_excerpt: Under the Credit Agreement, the Lenders agreed to provide the Company with one or more Revolving Loans in a collective maximum principal amount of $700,000,000 (Loan Limit) throughout the term, which ends March 26, 2031 (Term).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069878/000119312526135874/0001193125-26-135874-index.htm
- claim_id: 05cb937afbb02be457a82bc6924a55c4c0645d8c
  claim: TREX CO INC amended Credit Agreement with Bank of America, N.A., Wells Fargo Bank, National Association, TD Bank, N.A., PNC Bank, National Association, Truist Bank, and Atlantic Union Bank valued at $700,000,000 (effective 2026-03-26).
  evidence_excerpt: On March 26, 2026 Trex Company, Inc. (Company), as borrower; Bank of America, N.A. (BOA), as a Lender, Administrative Agent, Swing Line Lender and L/C Issuer; Wells Fargo Bank, National Association (Wells Fargo), and TD Bank, N.A., as Co-Syndication Agents, PNC Bank, National Association, as Documentation Agent, Truist Bank, and Atlantic Union Bank (each, a Lender and collectively, the Lenders), arranged by BofA Securities, Inc. as Joint Lead Arranger and Sole Bookrunner, Wells Fargo Securities LLC, TD Bank, N.A., and PNC Capital Markets LLC, as Joint Lead Arrangers, entered into a Credit Agreement (Credit Agreement) to amend and restate the Credit Agreement dated as of May 18, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1069878/000119312526135874/0001193125-26-135874-index.htm

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