---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014505"
form_type: "8-K"
ticker: "CWCO"
cik: "0000928340"
company_name: "Consolidated Water Co. Ltd."
filed_at: "2022-09-20T23:59:59+00:00"
generated_at: "2026-06-23T08:41:52.156629+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# CWCO subsidiary Cayman Water secures $10M credit facility from Scotiabank

## Summary
- Cayman Water Company Limited, wholly-owned subsidiary of CWCO, entered a $10M credit facility with Scotiabank & Trust (Cayman) Ltd.
- Facility matures 2 years from initial advance; interest at Term SOFR + 2.00% per annum, payable monthly.
- Obligations secured by first charge on all fixed and floating assets of Cayman Water; parent Consolidated Water Co. Ltd. guarantees repayment.
- Proceeds for general working capital; covenants include minimum DSCR of 1.25:1 and max total debt/EBITDA of 2.50:1.

## SEC filing metadata
- accession: 0001558370-22-014505
- form_type: 8-K
- ticker: CWCO
- cik: 0000928340
- company_name: Consolidated Water Co. Ltd.
- filed_at: 2022-09-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/928340/000155837022014505/0001558370-22-014505-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/928340/000155837022014505/cwco-20220916x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014505
- JSON: https://secwatch.observer/filing/0001558370-22-014505.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014505.txt

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