secwatch.observer — SEC 8-K summary
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Issuer:     CrossAmerica Partners LP (CAPL)
CIK:        0001538849
Form:       8-K
Filed at:   2026-07-16T20:06:54+00:00
Accession:  0001193125-26-306100
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CrossAmerica extends credit facility maturity to 2031, adjusts leverage covenant
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- Maturity date extended from March 31, 2028 to July 15, 2031.
- SOFR credit spread adjustment removed from the credit agreement.
- Consolidated Leverage Ratio covenant: max 5.00x through Sept 30, 2027, then 4.75x thereafter.
- Amendment effective July 15, 2026; all other terms remain unchanged.
- Lenders include Citizens Bank, M&T, Capital One, Fifth Third, JPMorgan, MUFG, Truist, Wells Fargo, Bank of America.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1538849/000119312526306100/0001193125-26-306100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1538849/000119312526306100/capl-20260715.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-306100

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