---
schema_version: "secwatch.filing_event.v1"
accession: "0001206774-25-000477"
form_type: "8-K"
ticker: "TRNS"
cik: "0000099302"
company_name: "TRANSCAT INC"
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-18T00:02:05.440285+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Transcat enters new $150M secured credit facility, nearly doubling prior $80M facility

## Summary
- New 5-year $150M revolving credit facility replaces existing $80M M&T facility; matures July 29, 2030.
- Joint lead arrangers M&T and Wells Fargo; additional lender Bank of America.
- Leverage ratio covenant capped at 3.00x; fixed charge coverage minimum 1.20x; temporary increase for acquisitions.
- Interest: Base Rate + 0.00%-0.75% or SOFR + 1.00%-1.75% based on leverage ratio.
- Proceeds for acquisitions, working capital, and general corporate purposes.

## SEC filing metadata
- accession: 0001206774-25-000477
- form_type: 8-K
- ticker: TRNS
- cik: 0000099302
- company_name: TRANSCAT INC
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/99302/000120677425000477/0001206774-25-000477-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/99302/000120677425000477/trns4515171-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001206774-25-000477
- JSON: https://secwatch.observer/filing/0001206774-25-000477.json
- Plain text: https://secwatch.observer/filing/0001206774-25-000477.txt

## Key facts
- Debt Financings
  TRANSCAT INC incurred revolving credit of $150.0 million secured revolving credit facility with Manufacturers and Traders Trust Company at SOFR plus the Applicable Margin maturing July 29, 2030.
  - Instrument: revolving credit
  - Principal: $150.0 million secured revolving credit facility
  - Counterparty: Manufacturers and Traders Trust Company
  - Rate: SOFR plus the Applicable Margin
  - Maturity: July 29, 2030
  - Event: incurrence
  source text: On July 29, 2025, Transcat, Inc. (the “Company”) entered into a Credit Agreement (the “Credit Agreement”) with a group of three lenders which establishes a new five-year $150.0 million secured revolving credit facility (the “Credit Facility”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/99302/000120677425000477/0001206774-25-000477-index.htm

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