---
schema_version: "secwatch.filing_event.v1"
accession: "0001712189-23-000052"
form_type: "8-K"
ticker: "TH"
cik: "0001712189"
company_name: "Target Hospitality Corp."
filed_at: "2023-08-11T23:59:59+00:00"
generated_at: "2026-06-11T14:47:21.241604+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Target Hospitality amends ABL credit agreement, extends maturity to Feb 2028

## Summary
- Second Amendment to ABL Credit Agreement dated Aug 10, 2023 modifies springing maturity trigger.
- Revolver Facility Termination Date extended to February 1, 2028.
- If Senior Secured Notes remain outstanding, termination accelerates to 91 days prior to their maturity (previously six months).
- Amendment executed with unanimous lender consent; no default on effective date.
- All loan parties reaffirmed guarantees and collateral pledges.

## SEC filing metadata
- accession: 0001712189-23-000052
- form_type: 8-K
- ticker: TH
- cik: 0001712189
- company_name: Target Hospitality Corp.
- filed_at: 2023-08-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1712189/000171218923000052/0001712189-23-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1712189/000171218923000052/th8-k8-9-23.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001712189-23-000052
- JSON: https://secwatch.observer/filing/0001712189-23-000052.json
- Plain text: https://secwatch.observer/filing/0001712189-23-000052.txt

## Key facts
- Material Agreements
  Target Hospitality Corp. amended Amendment with Bank of America, N.A., as administrative agent and collateral agent (effective 2023-08-10).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and collateral agent
  - Effective: 2023-08-10
  source text: On August 10, 2023, Arrow Bidco, LLC (“Arrow Bidco”) and certain other subsidiaries of Target Hospitality Corp. entered into a second amendment (the “Amendment”) to the ABL Credit Agreement, dated as of March 15, 2019, (as amended, amended and restated, supplemented or otherwise modified from time to time prior to the date of the Amendment, the “Credit Agreement”), by and among Arrow Bidco, the borrowers and guarantors party thereto from time to time, the lenders and fronting banks party thereto from time to time and Bank of America, N.A., as administrative agent and collateral agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1712189/000171218923000052/0001712189-23-000052-index.htm

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