---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-020276"
form_type: "8-K"
ticker: "TPR"
cik: "0001116132"
company_name: "TAPESTRY, INC."
filed_at: "2025-05-23T23:59:59+00:00"
generated_at: "2026-05-20T13:10:30.001263+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Tapestry enters $2B revolving credit facility maturing 2030, replacing prior facility

## Summary
- New $2B unsecured revolving credit facility with maturity May 22, 2030.
- Includes $125M letter of credit sublimit and $50M swingline loans.
- Accordion feature allows up to $750M increase subject to conditions.
- Negative covenants include max net leverage ratio of 4.0:1.0 (4.5 after material acquisition).
- Pricing grid based on Gross Leverage Ratio; margin ranges 0.805%-1.225% for Term SOFR.

## SEC filing metadata
- accession: 0001140361-25-020276
- form_type: 8-K
- ticker: TPR
- cik: 0001116132
- company_name: TAPESTRY, INC.
- filed_at: 2025-05-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1116132/000114036125020276/0001140361-25-020276-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1116132/000114036125020276/ef20049426_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-020276
- JSON: https://secwatch.observer/filing/0001140361-25-020276.json
- Plain text: https://secwatch.observer/filing/0001140361-25-020276.txt

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