---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-074758"
form_type: "8-K"
ticker: "YETI"
cik: "0001670592"
company_name: "YETI Holdings, Inc."
filed_at: "2023-06-26T23:59:59+00:00"
generated_at: "2026-06-13T17:07:33.701992+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# YETI amends credit agreement: maturity extended to 2028, revolver raised to $300M

## Summary
- Revolving commitments increased from $150M to $300M; maturity extended from Dec 2024 to June 2028.
- New $84.375M term loan replaces existing term loan; quarterly principal payments begin Sept 30, 2023.
- Borrowings bear interest at SOFR + 1.75%-2.50% or ABR + 0.75%-1.50% based on leverage ratio.
- Fourth Amendment effective June 22, 2023; Borrower reaffirms no defaults after giving effect.

## SEC filing metadata
- accession: 0001104659-23-074758
- form_type: 8-K
- ticker: YETI
- cik: 0001670592
- company_name: YETI Holdings, Inc.
- filed_at: 2023-06-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- 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/1670592/000110465923074758/0001104659-23-074758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1670592/000110465923074758/tm2319469d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-074758
- JSON: https://secwatch.observer/filing/0001104659-23-074758.json
- Plain text: https://secwatch.observer/filing/0001104659-23-074758.txt

## Key facts
- Debt Financings
  YETI Holdings, Inc. amended credit facility of $300 million Revolving Credit Facility and $84.375 million Term Loan A with Bank of America, N.A. at Term SOFR or Alternate Base Rate plus an applicable rate ranging from 1.75% to 2 maturing June 22, 2028.
  - Instrument: credit facility
  - Principal: $300 million Revolving Credit Facility and $84.375 million Term Loan A
  - Counterparty: Bank of America, N.A.
  - Rate: Term SOFR or Alternate Base Rate plus an applicable rate ranging from 1.75% to 2
  - Maturity: June 22, 2028
  - Event: amendment
  source text: credit facility (the “Revolving Credit Facility”) from December 17, 2024 to June 22, 2028; · increase the commitments under the Revolving Credit Facility from $150 million to $300 million; and · refinance and replace the existing term loan with a new $84.375 million term loan maturing on June 22, 2028 (the “Term Loan A”). The Credit Agreement requires quarterly
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670592/000110465923074758/0001104659-23-074758-index.htm
- Material Agreements
  YETI Holdings, Inc. amended Fourth Amendment to Credit Agreement and Amendment to Collateral Agreement with Bank of America, N.A., as administrative agent valued at increase the commitments under the Revolving Credit Facility from $150 million to $300 million (effective 2023-06-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent
  - Value: increase the commitments under the Revolving Credit Facility from $150 million to $300 million
  - Effective: 2023-06-22
  source text: On June 22, 2023, YETI Holdings, Inc. (the “Company”), certain subsidiaries of the Company, the lenders party thereto and Bank of America, N.A., in its capacity as administrative agent (the “Administrative Agent”), entered into the Fourth Amendment to Credit Agreement and Amendment to Collateral Agreement (the “Fourth Credit Agreement Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1670592/000110465923074758/0001104659-23-074758-index.htm

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