---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021224"
form_type: "8-K"
ticker: "SGC"
cik: "0000095574"
company_name: "SUPERIOR GROUP OF COMPANIES, INC."
filed_at: "2022-08-24T23:59:59+00:00"
generated_at: "2026-06-23T21:52:33.908147+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Superior Group enters $200M credit facilities with PNC Bank; refinances Truist debt

## Summary
- New $125M revolver and $75M term loan; up to $75M incremental available.
- Replaces $118.5M revolver and $45.5M term loans under Truist credit agreement.
- Facilities accrue at SOFR + 1.0% to 2.0% margin depending on leverage ratio.
- Five-year term; secured by substantially all operating assets.
- No termination penalties incurred on early repayment of Truist debt.

## SEC filing metadata
- accession: 0001437749-22-021224
- form_type: 8-K
- ticker: SGC
- cik: 0000095574
- company_name: SUPERIOR GROUP OF COMPANIES, INC.
- filed_at: 2022-08-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/95574/000143774922021224/0001437749-22-021224-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/95574/000143774922021224/sgc20220823_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021224
- JSON: https://secwatch.observer/filing/0001437749-22-021224.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021224.txt

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