debt
confidence high
sentiment neutral
materiality 0.25
Weyco Group extends revolving credit facility maturity to Sept. 23, 2027
WEYCO GROUP INC
- Sixth Amendment to credit agreement with Associated Bank, N.A. dated Sept. 24, 2026 extends maturity to Sept. 23, 2027.
- Maximum borrowing limit remains $40.0 million; interest at 1-month SOFR plus 110 basis points.
- Facility secured by general business assets; includes minimum tangible net worth covenant.
- No other changes to the existing credit agreement terms.