---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-105723"
form_type: "8-K"
ticker: "CRI"
cik: "0001060822"
company_name: "CARTERS INC"
filed_at: "2022-04-14T23:59:59+00:00"
generated_at: "2026-06-26T07:16:35.292120+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Carter's amends credit agreement: maturity extended to 2027, revolver increased to $750M, 2025 notes redeemed

## Summary
- Maturity extended to April 11, 2027 (springs to Dec 14, 2026 if 2027 Notes >$250M).
- Revolving credit facility increased by $100M to $750M USD; total $850M including multicurrency.
- Interest rate uses SOFR/SONIA with leverage-based spread of 1.125% to 1.625%.
- Sole financial covenant: consolidated total net leverage ratio ≤ 3.50:1 (4.00:1 after material acquisition).
- Simultaneously redeemed all outstanding 5.500% Senior Notes due 2025.

## SEC filing metadata
- accession: 0001193125-22-105723
- form_type: 8-K
- ticker: CRI
- cik: 0001060822
- company_name: CARTERS INC
- filed_at: 2022-04-14T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060822/000119312522105723/0001193125-22-105723-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1060822/000119312522105723/d344353d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-105723
- JSON: https://secwatch.observer/filing/0001193125-22-105723.json
- Plain text: https://secwatch.observer/filing/0001193125-22-105723.txt

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