---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-019231"
form_type: "8-K"
ticker: "NWPX"
cik: "0001001385"
company_name: "NWPX Infrastructure, Inc."
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:01:56.804741+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Northwest Pipe extends $125M credit facility to June 2028, revises EBITDA covenant to $35M

## Summary
- Maturity extended from June 30, 2024 to June 29, 2028 via Third Amendment to Credit Agreement.
- Revolving loan, swingline, and letters of credit facility remains at $125M with $50M accordion option.
- Consolidated senior leverage ratio covenant increased to >3.00x; minimum EBITDA raised to $35M (trailing 4Q).
- Amendment with Wells Fargo as administrative agent and sole lender; all Lenders consented.

## SEC filing metadata
- accession: 0001437749-23-019231
- form_type: 8-K
- ticker: NWPX
- cik: 0001001385
- company_name: NWPX Infrastructure, Inc.
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001385/000143774923019231/0001437749-23-019231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001385/000143774923019231/nwpx20230509_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-019231
- JSON: https://secwatch.observer/filing/0001437749-23-019231.json
- Plain text: https://secwatch.observer/filing/0001437749-23-019231.txt

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