secwatch.observer — SEC 8-K summary
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Issuer:     SPORTSMAN'S WAREHOUSE HOLDINGS, INC. (SPWH)
CIK:        0001132105
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0000950170-24-089307
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sportsman's Warehouse secures $45M ABL term loan, boosts liquidity to ~$127M
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- $45M ABL term loan from Pathlight-led syndicate; $25M drawn July 30, 2024, $20M delayed draw.
- Total borrowing capacity now $395M; $162.3M outstanding, $124.2M available for future borrowing.
- Liquidity approximately $127M as of July 30, 2024, enhanced by the new facility.
- Loan matures July 30, 2029; interest at SOFR + 0.10% + applicable margin of 3.50% or 6.50%.
- Proceeds used to repay prior ABL obligations; management cites proactive balance sheet management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1132105/000095017024089307/0000950170-24-089307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1132105/000095017024089307/spwh-20240730.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-089307

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