{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-016225","form_type":"8-K","ticker":"GNRC","cik":"0001474735","company_name":"GENERAC HOLDINGS INC.","filed_at":"2022-06-30T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.843698+00:00","generated_at":"2026-06-24T21:58:38.067355+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Generac enters $750M term loan and $1.25B revolver, repays $250M of existing term loans","bullets":["Third Amendment establishes $750M 2022 Tranche A Term Loan and $1.25B revolving credit facility, maturing June 29, 2027.","Used $250M of new Term A Loans to prepay existing Term B Loans; total outstanding Term B Loans reduced from $780M to $530M.","ABL revolving credit facility ($0 balance) prepaid and terminated; all obligations thereunder discharged.","New facilities bear interest at SOFR/SONIA plus 1.25%-1.75% margin; existing Term B Loans switched to SOFR plus 1.75%.","Financial covenants: total leverage ratio ≤ 3.75x (4.25x after large acquisitions) and interest coverage ratio ≥ 3.00x."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-016225","json":"https://secwatch.observer/filing/0001437749-22-016225.json","markdown":"https://secwatch.observer/filing/0001437749-22-016225.md","text":"https://secwatch.observer/filing/0001437749-22-016225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1474735/000143774922016225/0001437749-22-016225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1474735/000143774922016225/gnrc20220629_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T21:58:38.067355+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"}