---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-288725"
form_type: "8-K"
ticker: "ANDG"
cik: "0002065708"
company_name: "Andersen Group Inc."
filed_at: "2026-06-29T21:13:17+00:00"
generated_at: "2026-06-29T21:14:19.399268+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Andersen Group subsidiary enters $50M asset-based revolver with JPMorgan, 3-year maturity

## Summary
- $50M revolving credit facility; borrowing base up to 85% of eligible time & materials receivables under 120 days.
- Matures 3 years from June 25, 2026; interest at Term SOFR plus 175bps; unused line fee 25bps.
- Sublimit of $5M for letters of credit; one LC of ~$1.3M issued.
- Guaranteed by Andersen Group Inc. and other Loan Parties; secured by first lien on all assets of Loan Parties.
- Springing minimum 1.00x fixed charge coverage ratio triggered if availability <25% of line cap (floor $6M).

## SEC filing metadata
- accession: 0001193125-26-288725
- form_type: 8-K
- ticker: ANDG
- cik: 0002065708
- company_name: Andersen Group Inc.
- filed_at: 2026-06-29T21:13:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2065708/000119312526288725/0001193125-26-288725-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2065708/000119312526288725/d31545d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-288725
- JSON: https://secwatch.observer/filing/0001193125-26-288725.json
- Plain text: https://secwatch.observer/filing/0001193125-26-288725.txt

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