---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-246779"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2022-09-19T23:59:59+00:00"
generated_at: "2026-06-23T08:56:18.301194+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mattel enters $1.4B senior secured revolving credit facility maturing 2025

## Summary
- New $1.4B senior secured revolving credit facility, matures September 15, 2025.
- Interest at Term SOFR + 1.125%-2.000% or base rate +0.125%-1.000%, based on debt rating.
- Replaces prior 2017 syndicated facility, which was terminated upon closing.
- Covenants: interest coverage >=2.75x, total leverage <=4.50x initially with step-downs.
- Guaranteed by domestic subsidiaries and secured by substantially all assets.

## SEC filing metadata
- accession: 0001193125-22-246779
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2022-09-19T23:59:59+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/63276/000119312522246779/0001193125-22-246779-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000119312522246779/d252167d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-246779
- JSON: https://secwatch.observer/filing/0001193125-22-246779.json
- Plain text: https://secwatch.observer/filing/0001193125-22-246779.txt

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