Comfort Systems USA Inc. Files 8-K on Agreements and Obligations

TL;DR

Comfort Systems USA (FIX) filed an 8-K detailing new deals and debt obligations.

AI Summary

On August 27, 2025, Comfort Systems USA, Inc. filed an 8-K report detailing the entry into and termination of material definitive agreements, as well as the creation of direct financial obligations. The filing also includes financial statements and exhibits related to these events.

Why It Matters

This filing indicates significant corporate actions involving material agreements and financial obligations, which could impact the company's financial structure and future operations.

Risk Assessment

Risk Level: medium — The filing involves material definitive agreements and financial obligations, which inherently carry financial and operational risks.

Key Players & Entities

• Comfort Systems USA, Inc. (company) — Registrant
• August 27, 2025 (date) — Date of earliest event reported
• 675 Bering Drive, Suite 400, Houston, Texas 77057 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value FIX New York Stock Exchan
• $850 million — redit to the Company was increased from $850 million under the Prior Facility, to $1.1 billi
• $1.1 billion — 50 million under the Prior Facility, to $1.1 billion under the Facility. The Facility includ
• $500 million — y by an amount up to the greater of (a) $500 million and (b) 1.0x the Company's Consolidated
• $200 million — cility includes subfacilities for up to $200 million of letters of credit and up to $75 mill
• $75 million — million of letters of credit and up to $75 million of swingline loans. The amounts drawn
• $100,000,000 — tricted cash and cash equivalents up to $100,000,000, to (b) its Consolidated EBITDA (such r

Filing Documents

• tm2524764d1_8k.htm (8-K) — 35KB
• tm2524764d1_ex10-1.htm (EX-10.1) — 1134KB
• 0001104659-25-086404.txt ( ) — 1528KB
• fix-20250827.xsd (EX-101.SCH) — 3KB
• fix-20250827_lab.xml (EX-101.LAB) — 33KB
• fix-20250827_pre.xml (EX-101.PRE) — 22KB
• tm2524764d1_8k_htm.xml (XML) — 4KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On August 27, 2025, Comfort Systems USA, Inc. (the "Company") entered into an amended and restated senior secured revolving credit facility (the "Facility"), with certain subsidiaries of the Company as guarantors (the "Guarantors"), arranged by Wells Fargo Bank, National Association, as administrative agent (the "Agent"), and provided by a syndicate of banks including Wells Fargo Bank, National Association and other lenders from time to time party thereto (the "Lenders"). The Facility replaces the senior secured revolving credit facility entered into as of May 25, 2022, as amended from time to time (the "Prior Facility"), by and among the Company, the lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent. The Facility is secured by a first lien on substantially all of the Company's personal property except for assets related to projects subject to surety bonds and assets held by certain unrestricted subsidiaries and captive insurance entities, and a second lien on the Company's assets related to projects subject to surety bonds. The revolving line of credit to the Company was increased from $850 million under the Prior Facility, to $1.1 billion under the Facility. The Facility includes an option to increase the Facility by an amount up to the greater of (a) $500 million and (b) 1.0x the Company's Consolidated EBITDA (as defined in the Facility), in the form of additional revolving commitments or incremental term loans. The Facility includes subfacilities for up to $200 million of letters of credit and up to $75 million of swingline loans. The amounts drawn under the Facility at closing were used to repay all of the loans outstanding under the Prior Facility. The Facility will mature on October 1, 2030. The interest rate applicable to the loans under the Facility is a fluctuating per annum rate of interest equal to the sum of an applicable margin and, at the Company's el

02 Termination of a Material Definitive Agreement

Item 1.02 Termination of a Material Definitive Agreement. The information set forth above in Item 1.01 is hereby incorporated by reference into this Item 1.02. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above in Item 1.01 is hereby incorporated by reference into this Item 2.03.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Fourth Amended and Restated Credit Agreement dated as of August 27, 2025 by and among Comfort Systems USA, Inc., as Borrower, the Lenders listed on the signature pages thereof, and Wells Fargo Bank, National Association, as Agent for the Lenders. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COMFORT SYSTEMS USA, INC. By: /s/ Laura Howell Laura Howell, Senior Vice President, General Counsel, and Secretary Date: September 2, 2025 3

View Full Filing

View this 8-K filing on SEC EDGAR