secwatch.observer — SEC 8-K summary
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Issuer:     Target Hospitality Corp. (TH)
CIK:        0001712189
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001712189-23-000052
Event type: debt
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1712189/000171218923000052/0001712189-23-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1712189/000171218923000052/th8-k8-9-23.htm
  HTML page:      https://secwatch.observer/filing/0001712189-23-000052

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