Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
LCI INDUSTRIES amended credit facility with JPMorgan Chase Bank, N.A., as administrative agent at term SOFR rate for an interest period selected by the Company plus a credit spre.
- Instrument
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent
- Rate
- term SOFR rate for an interest period selected by the Company plus a credit spre
- Event
- amendment
Exact text from the filing
the Amendment also provides for adjustments to certain of the financial covenants applicable under the Amended Credit Agreement by increasing the maximum total net leverage ratio and decreasing the minimum debt service coverage ratio
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LCI INDUSTRIES amended Amendment No. 5 with JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders (effective 2023-05-23).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders
- Effective
- 2023-05-23
Exact text from the filing
On May 23, 2023, LCI Industries (the “Company”) and certain of its subsidiaries entered into an Amendment No. 5 (the “Amendment”) which amends the Company’s existing Fourth Amended and Restated Credit Agreement (the “Amended Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders to, among other things, provide for the transition from the London Inter-Bank Offered Rate (“LIBOR”) to the Secured Overnight Financing Rate (“SOFR”) as the benchmark rate for purposes of calculating interest on outstanding borrowings and related conforming changes.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
LCI INDUSTRIES amended Amendment No. 5 with JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders (effective 2023-05-23).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders
- Effective
- 2023-05-23
Exact text from the filing
On May 23, 2023, LCI Industries (the “Company”) and certain of its subsidiaries entered into an Amendment No. 5 (the “Amendment”) which amends the Company’s existing Fourth Amended and Restated Credit Agreement (the “Amended Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the other bank lenders
View on SEC.gov