Columbia Sportswear enters $500M unsecured revolving credit facility maturing 2027

COLUMBIA SPORTSWEAR CO

Credit agreement with JPMorgan Chase as admin agent provides up to $500M for working capital & general corporate purposes.
Matures July 12, 2027; borrowings bear interest at SOFR plus 1.00%-1.50% or base rate plus 0.00%-0.50%.
Financial covenant requires funded debt ratio <=3.75:1; domestic cash can be netted from obligations.
Restricted payments (dividends, buybacks) capped at $200M annually if funded debt ratio >=3.25:1.
Prior $500M credit agreement dated Dec 30, 2020 was terminated; all outstanding obligations repaid.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.