---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-099643"
form_type: "8-K"
ticker: "SKY"
cik: "0000090896"
company_name: "Champion Homes, Inc."
filed_at: "2025-07-29T23:59:59+00:00"
generated_at: "2026-05-17T23:58:07.679351+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Champion Homes enters $200M credit facility, extends maturity to July 2030

## Summary
- Second Amended and Restated Credit Agreement provides $200M revolving facility with $45M sub-limit for letters of credit.
- Maturity extended from July 2026 to July 2030; optional $100M accordion feature available.
- Interest rate based on Term SOFR plus 1.125% initially, adjusts with leverage ratio (1.125% to 1.875% spread).
- Covenants include max total net leverage of 3.25x (3.75x after material acquisition) and min interest coverage of 3.00x.
- Unused commitment fee starts at 0.15% and ranges up to 0.30% based on leverage.

## SEC filing metadata
- accession: 0000950170-25-099643
- form_type: 8-K
- ticker: SKY
- cik: 0000090896
- company_name: Champion Homes, Inc.
- filed_at: 2025-07-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/90896/000095017025099643/0000950170-25-099643-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/90896/000095017025099643/sky-20250728.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-099643
- JSON: https://secwatch.observer/filing/0000950170-25-099643.json
- Plain text: https://secwatch.observer/filing/0000950170-25-099643.txt

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