---
schema_version: "secwatch.filing_event.v1"
accession: "0000812011-25-000007"
form_type: "8-K"
ticker: "MTN"
cik: "0000812011"
company_name: "VAIL RESORTS INC"
filed_at: "2025-01-29T23:59:59+00:00"
generated_at: "2026-05-27T07:41:43.173644+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Vail Resorts expands credit facilities by $550M, repurchases $50M of convertible notes at discount

## Summary
- Revolver commitments increased by $100M to $600M; new $450M delayed draw term loan facility added.
- Proceeds available to refinance 0.0% Convertible Senior Notes due January 2026.
- Repurchased $50M aggregate principal of convertible notes for ~$48M cash (4% discount).
- Following repurchase, ~$525M of the convertible notes remain outstanding; repurchase closes Jan 30, 2025.

## SEC filing metadata
- accession: 0000812011-25-000007
- form_type: 8-K
- ticker: MTN
- cik: 0000812011
- company_name: VAIL RESORTS INC
- filed_at: 2025-01-29T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812011/000081201125000007/0000812011-25-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812011/000081201125000007/mtn-20250127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000812011-25-000007
- JSON: https://secwatch.observer/filing/0000812011-25-000007.json
- Plain text: https://secwatch.observer/filing/0000812011-25-000007.txt

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