---
schema_version: "secwatch.filing_event.v1"
accession: "0000105418-23-000038"
form_type: "8-K"
ticker: "WMK"
cik: "0000105418"
company_name: "WEIS MARKETS INC"
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:14:16.479325+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Weis Markets amends revolver: maturity extended to 2027, LC sublimit raised to $30M

## Summary
- Maturity extended to October 1, 2027; revolving commitment remains at $30M base with $70M discretionary.
- Letter of credit sublimit increased from $18M to $30M; interest rate set at Daily Simple SOFR + 1.00%.
- Minimum EBITDA covenant raised to $175M (trailing 12 months), tested quarterly.
- Unused fee rate set at 0.25% of average daily unborrowed portion; no mandatory principal payments until maturity.

## SEC filing metadata
- accession: 0000105418-23-000038
- form_type: 8-K
- ticker: WMK
- cik: 0000105418
- company_name: WEIS MARKETS INC
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105418/000010541823000038/0000105418-23-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105418/000010541823000038/wmk-20230929x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000105418-23-000038
- JSON: https://secwatch.observer/filing/0000105418-23-000038.json
- Plain text: https://secwatch.observer/filing/0000105418-23-000038.txt

## Key facts
- Debt Financings
  WEIS MARKETS INC amended revolving credit of $30,000,000.00 with Wells Fargo Bank, National Association at one percent (1.00%) above Daily Simple SOFR maturing October 1, 2027.
  - Instrument: revolving credit
  - Principal: $30,000,000.00
  - Counterparty: Wells Fargo Bank, National Association
  - Rate: one percent (1.00%) above Daily Simple SOFR
  - Maturity: October 1, 2027
  - Event: amendment
  source text: The Amended Credit Agreement provides for an unsecured revolving credit facility with an aggregate principal amount not to exceed Thirty Million Dollars ($30,000,000.00), with an additional discretionary availability of Seventy Million Dollars ($70,000,000.00) (the "Commitment").
  evidence_url: https://www.sec.gov/Archives/edgar/data/105418/000010541823000038/0000105418-23-000038-index.htm
- Material Agreements
  WEIS MARKETS INC amended Amended Credit Agreement with Wells Fargo Bank, National Association valued at $30,000,000.00 (effective 2023-09-29).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association
  - Value: $30,000,000.00
  - Effective: 2023-09-29
  source text: On September 29, 2023 (the "Closing Date"), Weis Markets, Inc.; Dutch Valley Food Company, LLC; Weis Transportation, LLC and WMK Financing, Inc. (collectively, the "Company") entered into an Amendment to Revolving Credit Agreement (the "Amended Credit Agreement"), which amends the Revolving Credit Agreement (the “Credit Agreement”) dated September 1, 2016 and previously amended on August 21, 2019 and September 29, 2021 with Wells Fargo Bank, National Association (the "Lender").
  evidence_url: https://www.sec.gov/Archives/edgar/data/105418/000010541823000038/0000105418-23-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.