---
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"
generated_at: "2026-05-24T06:12:59.147053+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# LCI Industries enters $1.0B credit facilities, refinances existing $281M debt

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000763744-25-000046
- JSON: https://secwatch.observer/filing/0000763744-25-000046.json
- Plain text: https://secwatch.observer/filing/0000763744-25-000046.txt

## Key facts
- Debt Financings
  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.
  - Instrument: term loan
  - Principal: $400.0 million seven-year term loan facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: a base rate plus an applicable margin, which ... is 1.50%, or ... a term SOFR ra
  - Maturity: March 25, 2032
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/0000763744-25-000046-index.htm
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $600.0 million five-year revolving credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent
  - Rate: a base rate plus an applicable margin, which ... range from 0.25% to 1.00% based
  - Maturity: March 25, 2030
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/763744/000076374425000046/0000763744-25-000046-index.htm

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