secwatch.observer — SEC 8-K summary
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Issuer:     COLUMBIA SPORTSWEAR CO (COLM)
CIK:        0001050797
Form:       8-K
Filed at:   2026-03-20T23:59:59+00:00
Accession:  0001050797-26-000053
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Columbia Sportswear enters $500M unsecured revolving credit facility, replacing prior agreement
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- New $500M unsecured revolving credit facility matures March 19, 2031; replaces 2022 facility with no outstanding borrowings.
- Borrowings at SOFR plus 1.00%-1.50% margin or base rate plus 0.00%-0.50%, based on funded debt ratio.
- Financial covenant requires funded debt ratio not greater than 3.75:1.00; cash netting provisions included.
- Dividends and share buybacks above $200M/year restricted if funded debt ratio ≥ 3.25:1.00.
- Facility supports working capital and general corporate purposes, including letters of credit sublimit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050797/000105079726000053/0001050797-26-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050797/000105079726000053/colm-20260319.htm
  HTML page:      https://secwatch.observer/filing/0001050797-26-000053

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