---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-26-002107"
form_type: "8-K"
ticker: "MOV"
cik: "0000072573"
company_name: "MOVADO GROUP INC"
filed_at: "2026-07-16T20:30:29+00:00"
generated_at: "2026-07-16T20:31:06.081033+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Movado Group extends credit facility maturity to 2031, reduces commitments to $75M

## Summary
- Maturity extended from Oct 2026 to July 2031; commitments reduced from $100M to $75M.
- Interest rate margins increased by 0.10% per annum; 0.10% SOFR adjustment eliminated.
- No loans drawn as of July 16, 2026; availability ~$74.7M; ~$299K letters of credit outstanding.
- PNC Bank exited as lender; Bank of America remains sole lender under the facility.
- Facility includes $15M letter of credit subfacility and $25M swingline subfacility.

## SEC filing metadata
- accession: 0000950142-26-002107
- form_type: 8-K
- ticker: MOV
- cik: 0000072573
- company_name: MOVADO GROUP INC
- filed_at: 2026-07-16T20:30:29+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/72573/000095014226002107/0000950142-26-002107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72573/000095014226002107/eh260807356_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-26-002107
- JSON: https://secwatch.observer/filing/0000950142-26-002107.json
- Plain text: https://secwatch.observer/filing/0000950142-26-002107.txt

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