---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-011571"
form_type: "8-K"
ticker: "MEC"
cik: "0001766368"
company_name: "Mayville Engineering Company, Inc."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T14:58:56.435376+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mayville Engineering increases revolver to $250M, extends maturity to 2028

## Summary
- Revolving credit facility increased to $250 million from prior amount.
- Maturity extended to June 28, 2028.
- LIBOR replaced with SOFR (plus 0.10%); interest margin ranges 1.25%-2.75%.
- Consolidated Total Leverage Ratio max raised to 3.50:1 (can increase to 4.00:1 post-acquisition).
- Proceeds to finance Mid-States Aluminum acquisition and general corporate purposes.

## SEC filing metadata
- accession: 0001558370-23-011571
- form_type: 8-K
- ticker: MEC
- cik: 0001766368
- company_name: Mayville Engineering Company, Inc.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1766368/000155837023011571/0001558370-23-011571-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1766368/000155837023011571/tmb-20230628x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-011571
- JSON: https://secwatch.observer/filing/0001558370-23-011571.json
- Plain text: https://secwatch.observer/filing/0001558370-23-011571.txt

## Key facts
- Material Agreements
  Mayville Engineering Company, Inc. amended Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, and TD Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners, and the lenders party thereto (effective 2023-06-28).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, and TD Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners, and the lenders party thereto
  - Effective: 2023-06-28
  source text: On June 28, 2023, Mayville Engineering Company, Inc. (the “Company”) entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”), by and among the Company, certain Subsidiaries of the Company, as guarantors, the lenders from time to time party thereto, Wells Fargo Bank, National Association, as Administrative Agent for the lenders (the “Agent”), Wells Fargo Securities, LLC, as Joint Lead Arranger and Joint Bookrunner, J.P. Morgan Securities LLC, as Joint Lead Arranger and Joint Bookrunner, and TD Bank, N.A., as Joint Lead Arranger and Joint Bookrunner, which amended and restated the Amended and Restated Credit Agreement, dated as of September 26, 2019, by and among the Company, the lenders from time to time party thereto, the Agent, and Wells Fargo Securities, LLC, as Sole Lead Arranger and Sole Bookrunner, as previously amended to date (the “Existing Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1766368/000155837023011571/0001558370-23-011571-index.htm

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