secwatch.observer — SEC 8-K summary
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Issuer:     YETI Holdings, Inc. (YETI)
CIK:        0001670592
Form:       8-K
Filed at:   2023-06-26T23:59:59+00:00
Accession:  0001104659-23-074758
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1670592/000110465923074758/0001104659-23-074758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1670592/000110465923074758/tm2319469d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-074758

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