{"filing":{"accession_number":"0001104659-26-087099","cik":"0001712189","ticker":"TH","company_name":"Target Hospitality Corp.","form":"8-K","filing_date":"2026-07-27","report_date":"2026-07-24","primary_document":"tm2621294d1_8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1712189/000110465926087099/tm2621294d1_8k.htm"},"events":[{"id":20699,"run_id":18631,"accession_number":"0001104659-26-087099","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"summary":"Target Hospitality entered into and closed a new $660 million asset-based revolving credit facility (ABL Credit Agreement) on July 24, 2026, replacing its previous $175 million facility and nearly quadrupling committed borrowing capacity. The five-year facility matures in July 2031, bears interest at Term SOFR plus 2.25%-3.00%, includes an accordion feature for up to $190 million in incremental commitments, and reduces borrowing costs by up to 250 basis points, materially strengthening the company's liquidity position.","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-07-27","form":"8-K","submitted_at":null,"items":[{"id":20144,"accession_number":"0001104659-26-087099","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality entered into a new $660 million asset-based revolving credit facility (ABL Credit Agreement) on July 24, 2026, which replaces the previous $175 million facility and nearly quadruples committed borrowing capacity. This is a material creation of a new direct financial obligation with a five-year maturity, reduced borrowing costs of up to 250 basis points, and enhanced liquidity to support strategic growth—a classic debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"","ticker":null,"filing_date":""},{"id":20145,"accession_number":"0001104659-26-087099","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality closed a new $660 million asset-based revolving credit facility (ABL Facility) that replaces a previous $175 million facility, nearly quadrupling committed borrowing capacity. This represents creation of a new direct financial obligation with a five-year term maturing in July 2031, bearing interest at Term SOFR plus 2.25%-3.00%, and includes an accordion feature for up to $190 million in incremental commitments. The facility materially strengthens the company's liquidity position and lowers cost of capital by up to 250 basis points.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"","ticker":null,"filing_date":""},{"id":20146,"accession_number":"0001104659-26-087099","item_number":"8.01","item_title":"Other Events","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality announced the closing of a new $660 million asset-based revolving credit facility (ABL Facility) that replaces a previous $175 million facility, nearly quadrupling committed borrowing capacity. This represents creation of a new direct financial obligation with a five-year term maturing in July 2031, including an accordion feature for up to $190 million in incremental commitments. The facility materially strengthens the company's liquidity position and lowers borrowing costs by up to 250 basis points, making it material to investors' assessment of the registrant's financial position and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":20144,"accession_number":"0001104659-26-087099","item_number":"1.01","item_title":"Entry into a Material Definitive Agreement.","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality entered into a new $660 million asset-based revolving credit facility (ABL Credit Agreement) on July 24, 2026, which replaces the previous $175 million facility and nearly quadruples committed borrowing capacity. This is a material creation of a new direct financial obligation with a five-year maturity, reduced borrowing costs of up to 250 basis points, and enhanced liquidity to support strategic growth—a classic debt issuance event under Item 1.01.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-07-27"},{"id":20145,"accession_number":"0001104659-26-087099","item_number":"2.03","item_title":"Creation of a Direct Financial Obligation or an Obligation","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality closed a new $660 million asset-based revolving credit facility (ABL Facility) that replaces a previous $175 million facility, nearly quadrupling committed borrowing capacity. This represents creation of a new direct financial obligation with a five-year term maturing in July 2031, bearing interest at Term SOFR plus 2.25%-3.00%, and includes an accordion feature for up to $190 million in incremental commitments. The facility materially strengthens the company's liquidity position and lowers cost of capital by up to 250 basis points.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-07-27"},{"id":20146,"accession_number":"0001104659-26-087099","item_number":"8.01","item_title":"Other Events","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.95,"reasoning":"Target Hospitality announced the closing of a new $660 million asset-based revolving credit facility (ABL Facility) that replaces a previous $175 million facility, nearly quadrupling committed borrowing capacity. This represents creation of a new direct financial obligation with a five-year term maturing in July 2031, including an accordion feature for up to $190 million in incremental commitments. The facility materially strengthens the company's liquidity position and lowers borrowing costs by up to 250 basis points, making it material to investors' assessment of the registrant's financial position and capital structure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-07-27T20:17:03.877568+00:00","company_name":"Target Hospitality Corp.","ticker":"TH","filing_date":"2026-07-27"}]}