---
schema_version: "secwatch.filing_event.v1"
accession: "0000278166-24-000161"
form_type: "8-K"
ticker: "CVCO"
cik: "0000278166"
company_name: "CAVCO INDUSTRIES, INC."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T01:22:07.912123+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Cavco Industries enters $75M revolving credit facility maturing 2029

## Summary
- New $75M revolving credit facility with Bank of America, maturing November 12, 2029.
- Interest at Term SOFR plus 1.25-1.50% or Base Rate plus 0.25-0.50% based on leverage.
- Financial covenants: max total leverage 3.25x and minimum consolidated EBITDA of $75M.
- No borrowings outstanding as of November 12, 2024; facility includes $10M letter of credit subfacility.
- Amends and restates prior November 2022 credit agreement; $75M incremental facility available.

## SEC filing metadata
- accession: 0000278166-24-000161
- form_type: 8-K
- ticker: CVCO
- cik: 0000278166
- company_name: CAVCO INDUSTRIES, INC.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/278166/000027816624000161/0000278166-24-000161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/278166/000027816624000161/cvco-20241112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000278166-24-000161
- JSON: https://secwatch.observer/filing/0000278166-24-000161.json
- Plain text: https://secwatch.observer/filing/0000278166-24-000161.txt

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