---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-001472"
form_type: "8-K"
ticker: "OXM"
cik: "0000075288"
company_name: "OXFORD INDUSTRIES INC"
filed_at: "2023-03-07T23:59:59+00:00"
generated_at: "2026-06-18T10:49:41.258934+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Oxford Industries extends credit facility maturity to 2028, improves pricing and borrowing base

## Summary
- Extended $325M revolving credit facility maturity from July 2024 to March 2028.
- Interest rate margin changed to Term SOFR + 125-175 bps (previously LIBOR + 100-150 bps).
- Borrowing base provisions amended to generally increase availability of revolving loans.
- As of March 6, 2023: borrowings $143M, letters of credit $7M, excess availability $175M.
- Other modifications generally more favorable/less restrictive on the company.

## SEC filing metadata
- accession: 0001171843-23-001472
- form_type: 8-K
- ticker: OXM
- cik: 0000075288
- company_name: OXFORD INDUSTRIES INC
- filed_at: 2023-03-07T23:59:59+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/75288/000117184323001472/0001171843-23-001472-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/75288/000117184323001472/f8k_030723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-001472
- JSON: https://secwatch.observer/filing/0001171843-23-001472.json
- Plain text: https://secwatch.observer/filing/0001171843-23-001472.txt

## Key facts
- Material Agreements
  OXFORD INDUSTRIES INC amended Second Amendment to Fourth Amended and Restated Credit Agreement with Truist Bank valued at $325 million (effective 2023-03-06).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Truist Bank
  - Value: $325 million
  - Effective: 2023-03-06
  source text: On March 6, 2023, Oxford Industries, Inc. (the “Company”) entered into a second amendment (the “Second Amendment”) to its $325 million Fourth Amended and Restated Credit Agreement, dated May 24, 2016 (the “Credit Agreement”), by and among the Company and its subsidiary, Tommy Bahama Group, Inc., as the borrowers, certain domestic subsidiaries of the Company as guarantors, the financial institutions party thereto as lenders, and Truist Bank, successor by merger to SunTrust Bank, as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/75288/000117184323001472/0001171843-23-001472-index.htm

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