{"schema_version":"secwatch.filing_event.v1","accession":"0000763744-25-000046","form_type":"8-K","ticker":"LCII","cik":"0000763744","company_name":"LCI INDUSTRIES","filed_at":"2025-03-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.297671+00:00","generated_at":"2026-05-24T06:12:59.147053+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"LCI Industries enters $1.0B credit facilities, refinances existing $281M debt","bullets":["New $600M five-year revolver (matures 2030) and $400M seven-year term loan (matures 2032) under Credit Agreement dated March 25, 2025.","Term loan fully funded on closing; proceeds used to repay ~$281.3M outstanding under prior $600M revolver/$400M term loan from 2018.","Interest rates: revolver SOFR+1.25%-2.00% or base+0.25%-1.00% (leverage-based); term loan SOFR+2.50% or base+1.50%.","Financial covenants: max total net leverage 4.00x, min interest coverage 3.50x; incremental capacity up to $370M plus additional amounts.","Facilities secured by first-lien on substantially all personal property of the Company, borrowers, and material subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000763744-25-000046","json":"https://secwatch.observer/filing/0000763744-25-000046.json","markdown":"https://secwatch.observer/filing/0000763744-25-000046.md","text":"https://secwatch.observer/filing/0000763744-25-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/0000763744-25-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/lcii-20250325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T06:12:59.147053+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"799eda2ab2c23e379494d621e6087b2601bed8f3","claim":"LCI INDUSTRIES incurred term loan of $400.0 million seven-year term loan facility with JPMorgan Chase Bank, N.A., as administrative agent at a base rate plus an applicable margin, which ... is 1.50%, or ... a term SOFR ra maturing March 25, 2032.","evidence_excerpt":"Credit Agreement provides for (i) a $600.0 million five-year revolving credit facility (of which up to $50.0 million is available for the issuance of letters of credit and up to $400.0 million is available for borrowings by the Company’s foreign subsidiaries that are designated by the Company as a borrower under the Credit Agreement, with LCI Industries B.V. as the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/0000763744-25-000046-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$400.0 million seven-year term loan facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"a base rate plus an applicable margin, which ... is 1.50%, or ... a term SOFR ra"},{"label":"Maturity","value":"March 25, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"c08bc3e821f0d94936b841d2c0a1090d924ed81f","claim":"LCI INDUSTRIES incurred credit facility of $600.0 million five-year revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent at a base rate plus an applicable margin, which ... range from 0.25% to 1.00% based maturing March 25, 2030.","evidence_excerpt":"On March 25, 2025 (the “Closing Date”), LCI Industries (the “Company”) and certain of its subsidiaries entered into a Credit Agreement (the “Credit Agreement”) with JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders party thereto. The Credit Agreement provides for (i) a $600.0 million five-year revolving credit facility","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/0000763744-25-000046-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$600.0 million five-year revolving credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent"},{"label":"Rate","value":"a base rate plus an applicable margin, which ... range from 0.25% to 1.00% based"},{"label":"Maturity","value":"March 25, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}