---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-011307"
form_type: "8-K"
ticker: "MLAB"
cik: "0000724004"
company_name: "MESA LABORATORIES INC /CO/"
filed_at: "2024-04-08T23:59:59+00:00"
generated_at: "2026-06-04T01:36:47.237755+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mesa Labs amends credit facility, adds $75M term loan; repurchases $75M of 2025 convertible notes at discount

## Summary
- Amended credit agreement: $75M term loan + $125M revolver, matures April 2029, interest at SOFR + 1.5%-3.5%.
- Repurchased $75M aggregate principal of 1.375% convertible notes due 2025 for $71.25M cash; closing expected April 11, 2024.
- After repurchase, $97.5M of 2025 notes remain outstanding; total credit facility debt $125.5M ($75M term loan + $50.5M revolver).
- CFO aims to reduce total net leverage ratio to below 3.0x over next 18 months.

## SEC filing metadata
- accession: 0001437749-24-011307
- form_type: 8-K
- ticker: MLAB
- cik: 0000724004
- company_name: MESA LABORATORIES INC /CO/
- filed_at: 2024-04-08T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724004/000143774924011307/0001437749-24-011307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724004/000143774924011307/mlab20240405_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-011307
- JSON: https://secwatch.observer/filing/0001437749-24-011307.json
- Plain text: https://secwatch.observer/filing/0001437749-24-011307.txt

## Key facts
- Material Agreements
  MESA LABORATORIES INC /CO/ amended Credit Agreement with syndicate of banks led by JPMorgan Chase Bank, N.A., as administrative agent (effective 2024-04-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: syndicate of banks led by JPMorgan Chase Bank, N.A., as administrative agent
  - Effective: 2024-04-05
  source text: On April 5, 2024, Mesa Laboratories, Inc. (the “Company” “we” “us” or “our”) amended and restated its senior secured credit agreement (the “Credit Agreement”) with a syndicate of banks led by JPMorgan Chase Bank, N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724004/000143774924011307/0001437749-24-011307-index.htm

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