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AI brief of an SEC Form 8-K · Universal Technical Institute (UTI)

Universal Technical Institute gets $200 million secured revolving credit facility

Neutral Impact 3 of 5 financing Written later

On August 12, 2026, Universal Technical Institute entered a five-year senior secured revolving credit agreement with Fifth Third Bank and four other lenders, replacing its existing credit agreement in full. The new facility is larger than the prior $125 million facility and matures in August 2031, and the company's subsidiaries guarantee the debt and secure it with their assets, subject to certain exceptions.

Key points

  • Facility of up to $200 million, up from $125 million in the existing facility, with a $15 million swingline sublimit and a $75 million letter of credit sublimit
  • Uncommitted incremental capacity of up to $75 million in aggregate; facility matures in August 2031

The filing

CompanyUniversal Technical Institute (UTI)
Form8-K, current report
Filed with the SECAug 18, 2026, 9:10 AM ET
Accession number0001193125-26-354799

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.