---
schema_version: "secwatch.filing_event.v1"
accession: "0001019056-22-000300"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T12:58:58.763019+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Steven Madden amends credit facility, swaps LIBOR for BSBY, reduces margins by 75 bps

## Summary
- $150M revolving facility matures March 20, 2027; no loans outstanding as of March 25, 2022.
- Base rate margin reduced from 100-150 bps to 25-75 bps; BSBY margin from 200-250 bps to 125-175 bps.
- Commitment fee cut from 0.40% to 0.25% on unused commitment; borrowing base reporting frequency reduced when no loans are outstanding.
- Interest rate benchmark replaced LIBOR with Bloomberg Short-Term Bank Yield Index (BSBY).
- Amendment effective March 20, 2022; reflects improved credit terms and simplified reporting.

## SEC filing metadata
- accession: 0001019056-22-000300
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000101905622000300/0001019056-22-000300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000101905622000300/smadden_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001019056-22-000300
- JSON: https://secwatch.observer/filing/0001019056-22-000300.json
- Plain text: https://secwatch.observer/filing/0001019056-22-000300.txt

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