# SUPERIOR GROUP OF COMPANIES, INC. (SGC) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_ecd04eeb043a58e117b6 · retrieved 2026-08-14T01:26:57.222Z

## Overview
Superior Group of Companies, Inc. is an apparel and finished products manufacturer based in St. Petersburg, Florida.

On August 7, 2026, Superior Group of Companies, Inc. entered into an Amended and Restated Credit Agreement with PNC Bank, National Association as administrative agent and other lenders. The new facility consists of a $125 million revolving credit facility and a $75 million term loan, with the ability to request up to an additional $75 million in incremental facilities. The revolving credit facility bears interest at SOFR plus 1.125% to 2.125% (depending on leverage ratio), with a quarterly commitment fee of 0.125% to 0.250% on unused amounts. The term loan also bears interest at SOFR plus the applicable margin. The facilities have a five-year term, maturing August 7, 2031. The proceeds were used to refinance the company's existing indebtedness under the prior PNC Credit Agreement dated August 23, 2022, which consisted of approximately $29.0 million in revolving credit borrowings and $56.25 million in term loans outstanding as of the refinancing date.

## Terms
- Counterparty: PNC Bank, National Association · Deal value: $200.0M

## Key dates
- Announced 2026-08-11 · Expiry 2031-08-07

## Timeline
- 2026-08-11 · 8-K (0001437749-26-026859): 8-K - SUPERIOR GROUP OF COMPANIES, INC. — *Superior Group of Companies, Inc. is an apparel and finished products manufacturer based in St. Petersburg, Florida.* On August 7, 2026, Superior Group of Companies, Inc. entered into an Amended and Restated Credit Agreement with PNC Bank, National Association as administrative agent and other lenders. The new facility consists of a $125 million revolving credit facility and a $75 million term loan, with the ability to request up to an additional $75 million in incremental facilities. The revolving credit facility bears interest at SOFR plus 1.125% to 2.125% (depending on leverage ratio), with a quarterly commitment fee of 0.125% to 0.250% on unused amounts. The term loan also bears interest at SOFR plus the applicable margin. The facilities have a five-year term, maturing August 7, 2031. The proceeds were used to refinance the company's existing indebtedness under the prior PNC Credit Agreement dated August 23, 2022, which consisted of approximately $29.0 million in revolving credit borrowings and $56.25 million in term loans outstanding as of the refinancing date.
  https://www.sec.gov/Archives/edgar/data/95574/0001437749-26-026859.txt

## Citations
- 0001437749-26-026859 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143774926026859