---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-048401"
form_type: "8-K"
ticker: "CLAR"
cik: "0000913277"
company_name: "Clarus Corp"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:59:26.064407+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clarus amends credit facility: $300M revolver, $125M term loan, maturity April 2027

## Summary
- New $300M secured revolving credit facility and $125M term loan fully drawn on April 18, 2022.
- Revolver includes $5M sublimit for letters of credit; option for up to $175M additional commitments.
- Maturity date April 18, 2027; term loan amortizes quarterly starting June 30, 2022.
- Interest based on SOFR or alternate base rate plus margin of 0.50%-2.625% depending on leverage ratio.
- Financial covenants: maximum total leverage ratio 3.75:1 (4.25:1 for acquisitions) and minimum fixed charge coverage 1.25:1.

## SEC filing metadata
- accession: 0001104659-22-048401
- form_type: 8-K
- ticker: CLAR
- cik: 0000913277
- company_name: Clarus Corp
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913277/000110465922048401/0001104659-22-048401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913277/000110465922048401/tm2213038d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-048401
- JSON: https://secwatch.observer/filing/0001104659-22-048401.json
- Plain text: https://secwatch.observer/filing/0001104659-22-048401.txt

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