---
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"
generated_at: "2026-06-24T21:58:38.067355+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Generac enters $750M term loan and $1.25B revolver, repays $250M of existing term loans

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-016225
- JSON: https://secwatch.observer/filing/0001437749-22-016225.json
- Plain text: https://secwatch.observer/filing/0001437749-22-016225.txt

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