debt
confidence medium
sentiment neutral
materiality 0.30
Universal Electronics amends credit agreement with U.S. Bank, revising borrowing base and covenant definitions
UNIVERSAL ELECTRONICS INC
- Third Amended and Restated Credit Agreement dated Aug 21, 2026 with U.S. Bank National Association as administrative agent.
- Revises borrowing base calculation definitions, consolidated fixed charge coverage ratio covenant, and consolidated cash flow leverage ratio covenant.
- Amends and restates the Second Amended and Restated Credit Agreement dated Oct 27, 2017, as amended through twelve prior amendments.
- All other provisions of the credit agreement remain substantially the same.