---
schema_version: "secwatch.filing_event.v1"
accession: "0001833197-26-000036"
form_type: "8-K"
ticker: "SWIM"
cik: "0001833197"
company_name: "Latham Group, Inc."
filed_at: "2026-08-21T12:41:55+00:00"
generated_at: "2026-08-21T12:45:06.980214+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Latham Group refinances debt: new $300M term loan and $75M revolver, maturing 2033/2031

## Summary
- New senior secured credit agreement with Jefferies Finance as administrative agent; replaces Feb 2022 Barclays facility.
- Term loan facility: $300M at Term SOFR + 4.00% or ABR + 3.00%, matures Aug 20, 2033.
- Revolving facility: $75M, multicurrency (USD, CAD, EUR, AUD), matures Aug 20, 2031; margins 3.25-3.50% (SOFR/CORRA) or 2.25-2.50% (ABR/Prime).
- Mandatory prepayments: 50% excess cash flow, 100% net asset sale proceeds; financial covenant max first-lien net leverage 5.20x if revolver usage >40%.
- Proceeds used to repay and terminate prior credit agreement with Barclays Bank PLC.

## SEC filing metadata
- accession: 0001833197-26-000036
- form_type: 8-K
- ticker: SWIM
- cik: 0001833197
- company_name: Latham Group, Inc.
- filed_at: 2026-08-21T12:41:55+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/1833197/000183319726000036/0001833197-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1833197/000183319726000036/swim-20260820.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001833197-26-000036
- JSON: https://secwatch.observer/filing/0001833197-26-000036.json
- Plain text: https://secwatch.observer/filing/0001833197-26-000036.txt

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