{"schema_version":"secwatch.filing_event.v1","accession":"0001436126-22-000036","form_type":"8-K","ticker":"MG","cik":"0001436126","company_name":"Mistras Group, Inc.","filed_at":"2022-08-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.759559+00:00","generated_at":"2026-06-24T05:50:38.072140+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Mistras enters $315M credit facility, upsizing by ~$100M and extending maturity to 2027","bullets":["$125M term loan A plus $190M revolving credit facility; total borrowing capacity of $315M.","Quarterly amortization reduced from $5M to $1.6M in years 1-2, $2.3M in year 3, $3.1M in years 4-5.","Maximum leverage covenant increased to 4.0x EBITDA through Q2 2023, then 3.75x; prior limit was 3.5x.","Effective credit spread lowered by 25 basis points; maturity extended to July 30, 2027 from December 2023.","Company repaid ~$80M of debt since 2018; new facility supports growth in data solutions and renewables."],"urls":{"canonical":"https://secwatch.observer/filing/0001436126-22-000036","json":"https://secwatch.observer/filing/0001436126-22-000036.json","markdown":"https://secwatch.observer/filing/0001436126-22-000036.md","text":"https://secwatch.observer/filing/0001436126-22-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1436126/000143612622000036/0001436126-22-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1436126/000143612622000036/a8-kbankagreement.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T05:50:38.072140+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}