---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-001559"
form_type: "8-K"
ticker: "OLLI"
cik: "0001639300"
company_name: "Ollie's Bargain Outlet Holdings, Inc."
filed_at: "2024-01-09T23:59:59+00:00"
generated_at: "2026-06-07T01:31:58.722087+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Ollie's extends credit facility maturity to January 2029; adds 0.0% SOFR floor

## Summary
- Maturity date extended to January 9, 2029 (five years from effective date).
- SOFR Loan Rate now includes a 0.0% interest rate floor.
- No new debt incurred; no change to principal amount or interest rate spreads.
- KeyBank National Association exits as lender; commitments reallocated.
- Cash and short-term investments were ~$413.7M as of Dec 30, 2023.

## SEC filing metadata
- accession: 0001140361-24-001559
- form_type: 8-K
- ticker: OLLI
- cik: 0001639300
- company_name: Ollie's Bargain Outlet Holdings, Inc.
- filed_at: 2024-01-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1639300/000114036124001559/0001140361-24-001559-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1639300/000114036124001559/ef20018502_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-001559
- JSON: https://secwatch.observer/filing/0001140361-24-001559.json
- Plain text: https://secwatch.observer/filing/0001140361-24-001559.txt

## Key facts
- Material Agreements
  Ollie's Bargain Outlet Holdings, Inc. amended Second Amendment with Manufacturers and Traders Trust Company (effective 2024-01-09).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Manufacturers and Traders Trust Company
  - Effective: 2024-01-09
  source text: On January 9, 2024, Ollie’s Holdings, Inc., a Delaware corporation (" Lead Borrower "), Ollie’s Bargain Outlet, Inc., a Pennsylvania corporation (" Ollie’s "), OBO Ventures, Inc., a Pennsylvania corporation (" OBO Ventures " and together with the Lead Borrower and Ollie’s, the " Borrowers ") and Bargain Parent, Inc., a Delaware corporation (" Parent "), each a subsidiary of Ollie’s Bargain Outlet Holdings, Inc., a Delaware corporation (the " Company "), entered into a Second Amendment (the " Amendment ") to that certain amended and restated credit agreement, dated as of May 22, 2019 (as previously amended, the " Credit Agreement "), with Manufacturers and Traders Trust Company as administrative agent (in such capacity, the " Administrative Agent "), the other agents party thereto and the lenders party thereto, pursuant to which the maturity date for any loans under the revolving credit facility was extended for a period of five (5) years from the effective date of January 9, 2024 and a
  evidence_url: https://www.sec.gov/Archives/edgar/data/1639300/000114036124001559/0001140361-24-001559-index.htm

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