---
schema_version: "secwatch.filing_event.v1"
accession: "0001590584-24-000137"
form_type: "8-K"
ticker: "CVEO"
cik: "0001590584"
company_name: "Civeo Corp"
filed_at: "2024-08-13T23:59:59+00:00"
generated_at: "2026-05-31T09:42:57.383100+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Civeo extends credit facility maturity to 2028, upsizes revolver to $245M

## Summary
- Maturity of syndicated facility extended to August 8, 2028 from original 2021 term.
- Total revolver capacity increased from $200M to $245M; Canadian revolver raised from $155M to $200M.
- Interest rate spreads reduced by 25 basis points across all benchmark rates.
- Civeo USA LLC added as a borrower under the credit agreement.
- Maximum net leverage and interest coverage covenants maintained at previous levels.

## SEC filing metadata
- accession: 0001590584-24-000137
- form_type: 8-K
- ticker: CVEO
- cik: 0001590584
- company_name: Civeo Corp
- filed_at: 2024-08-13T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1590584/000159058424000137/0001590584-24-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590584/000159058424000137/cveo-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001590584-24-000137
- JSON: https://secwatch.observer/filing/0001590584-24-000137.json
- Plain text: https://secwatch.observer/filing/0001590584-24-000137.txt

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