---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-065600"
form_type: "8-K"
ticker: "ACCV"
cik: "0002141406"
company_name: "Accelevation Holdings Corp."
filed_at: "2026-10-13T12:23:39+00:00"
generated_at: "2026-10-13T12:25:05.641707+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Accelevation closes $650M credit facility, cuts margin to SOFR+1.50-2.50% from SOFR+4.50-5.25%

## Summary
- New $650M senior secured facilities: $250M Term Loan A maturing Oct 9, 2031 plus $400M revolver; $400M drawn at close ($250M term + $150M revolver).
- Proceeds plus cash on hand repaid in full the prior credit agreement (dated Jan 2, 2025, MidCap Financial Trust as administrative agent) and paid transaction expenses.
- Pricing drops to Term SOFR + 1.50%-2.50% (from SOFR + 4.50%-5.25%); initial margin 2.25% until the June 30, 2027 compliance certificate.
- Term loan amortizes $3.125M per quarter (5.00%/yr) from Q1 2027; covenants from March 31, 2027: max net leverage 4.00x, min fixed charge coverage 1.25x.
- Bank of America is administrative/collateral agent; BofA Securities, JPMorgan, Morgan Stanley, KeyBank and PNC are joint lead arrangers.

## SEC filing metadata
- accession: 0001628280-26-065600
- form_type: 8-K
- ticker: ACCV
- cik: 0002141406
- company_name: Accelevation Holdings Corp.
- filed_at: 2026-10-13T12:23:39+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2141406/000162828026065600/0001628280-26-065600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2141406/000162828026065600/axdebtagreementxoctober920.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-065600
- JSON: https://secwatch.observer/filing/0001628280-26-065600.json
- Plain text: https://secwatch.observer/filing/0001628280-26-065600.txt

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