---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-016271"
form_type: "8-K"
ticker: "MLR"
cik: "0000924822"
company_name: "MILLER INDUSTRIES INC /TN/"
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T11:17:25.179367+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Miller Industries doubles revolving credit facility to $100M; maturity unchanged through May 2027

## Summary
- Maximum principal amount increased from $50M to $100M under First Amendment with First Horizon Bank.
- Maturity date remains May 31, 2027; no change to term length.
- New asset coverage covenant introduced: ratio > 2.00x (net receivables + inventory – chassis financing) / (loan balance + LC outstanding – $35M).
- Interest rate benchmark changed to 1-month Term SOFR; other material terms unchanged.
- Proceeds used for general corporate purposes, including working capital, L/Cs, and capex.

## SEC filing metadata
- accession: 0001558370-22-016271
- form_type: 8-K
- ticker: MLR
- cik: 0000924822
- company_name: MILLER INDUSTRIES INC /TN/
- filed_at: 2022-11-03T23:59:59+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/924822/000155837022016271/0001558370-22-016271-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/924822/000155837022016271/mlr-20221028x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-016271
- JSON: https://secwatch.observer/filing/0001558370-22-016271.json
- Plain text: https://secwatch.observer/filing/0001558370-22-016271.txt

## Key facts
- Debt Financings
  MILLER INDUSTRIES INC /TN/ amended revolving credit of $100.0 million with First Horizon Bank maturing May 31, 2027.
  - Instrument: revolving credit
  - Principal: $100.0 million
  - Counterparty: First Horizon Bank
  - Maturity: May 31, 2027
  - Event: amendment
  source text: On October 28, 2022, Miller Industries, Inc. (the “Company”) and certain of its subsidiaries entered into (a) a First Amendment to Amended and Restated Loan Agreement (the “First Amendment”) with First Horizon Bank (successor in interest to First Tennessee Bank National Association, “First Horizon”) and (b) an Amended and Restated Master Revolving Credit Note, dated as of October 28, 2022, in the maximum principal amount of $100.0 million, with a maturity date of May 31, 2027 (the “Amended Note” and together with the Amended Note, collectively, the “Amendment Documents”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/924822/000155837022016271/0001558370-22-016271-index.htm
- Material Agreements
  MILLER INDUSTRIES INC /TN/ entered into First Amendment to Amended and Restated Loan Agreement with First Horizon Bank valued at maximum principal amount of $100.0 million (effective 2022-10-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: First Horizon Bank
  - Value: maximum principal amount of $100.0 million
  - Effective: 2022-10-28
  source text: On October 28, 2022, Miller Industries, Inc. (the “Company”) and certain of its subsidiaries entered into (a) a First Amendment to Amended and Restated Loan Agreement (the “First Amendment”) with First Horizon Bank (successor in interest to First Tennessee Bank National Association, “First Horizon”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/924822/000155837022016271/0001558370-22-016271-index.htm
- Material Agreements
  MILLER INDUSTRIES INC /TN/ entered into Amended and Restated Master Revolving Credit Note with First Horizon Bank valued at maximum principal amount of $100.0 million (effective 2022-10-28).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: First Horizon Bank
  - Value: maximum principal amount of $100.0 million
  - Effective: 2022-10-28
  source text: an Amended and Restated Master Revolving Credit Note, dated as of October 28, 2022, in the maximum principal amount of $100.0 million, with a maturity date of May 31, 2027 (the “Amended Note”
  evidence_url: https://www.sec.gov/Archives/edgar/data/924822/000155837022016271/0001558370-22-016271-index.htm

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