{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-216693","form_type":"8-K","ticker":"MGRC","cik":"0000752714","company_name":"MCGRATH RENTCORP","filed_at":"2026-05-11T20:00:19+00:00","discovered_at":"2026-05-11T20:01:00.481341+00:00","generated_at":"2026-05-11T20:01:29.043511+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"McGrath RentCorp closes $725M credit facility, up from $650M, maturing 2031","bullets":["New five-year $725M revolving credit facility replaces existing $650M line; matures May 8, 2031.","Facility includes $40M sublimit for standby letters of credit and $20M sublimit for swingline loans.","Proceeds used for working capital, capital expenditures, and general corporate purposes.","Bank of America serves as Administrative Agent; U.S. Bank and Wells Fargo as Co-Syndication Agents."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-216693","json":"https://secwatch.observer/filing/0001193125-26-216693.json","markdown":"https://secwatch.observer/filing/0001193125-26-216693.md","text":"https://secwatch.observer/filing/0001193125-26-216693.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/mgrc-20260508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-11T20:01:29.043511+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":"d1a90739870426288ec1e56e0936fd649d98e208","claim":"MCGRATH RENTCORP amended revolving credit of $725,000,000 with Bank of America, N.A. maturing May 8, 2031.","evidence_excerpt":"On May 8, 2026, McGrath RentCorp, a California corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement with (i) Bank of America, N.A., serving as Administrative Agent, Swingline Lender and L/C Issuer, (ii) BofA Securities, Inc., serving as Joint Lead Arranger and Sole Bookrunner, (iii) U.S.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$725,000,000"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Maturity","value":"May 8, 2031"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"42a9068b38b986ddc160a05ce92591e944b04e53","claim":"MCGRATH RENTCORP entered into Third Amended and Restated Credit Agreement with Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, BofA Securities, Inc., as Joint Lead Arranger and Sole Bookrunner, U.S. Bank N.A. and Wells Fargo Bank, N.A. as Joint Lead Arrangers and Co-Syndication Agents, and a syndicate of other lenders valued at $725,000,000 (effective 2026-05-08).","evidence_excerpt":"On May 8, 2026, McGrath RentCorp, a California corporation (the “Company”), entered into a Third Amended and Restated Credit Agreement","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/752714/000119312526216693/0001193125-26-216693-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, BofA Securities, Inc., as Joint Lead Arranger and Sole Bookrunner, U.S. Bank N.A. and Wells Fargo Bank, N.A. as Joint Lead Arrangers and Co-Syndication Agents, and a syndicate of other lenders"},{"label":"Value","value":"$725,000,000"},{"label":"Effective","value":"2026-05-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}