---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-233102"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T19:47:16.645649+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson enters $175M revolver due 2029, amends existing credit facility

## Summary
- $175M revolving line of credit with $5M swingline sublimit, matures October 3, 2029.
- Option to increase revolving commitments by up to $50M (subject to terms).
- Currently unsecured; may become secured upon a Springing Lien Trigger Event.
- Pricing based on leverage ratio (Adjusted Consolidated Leverage Ratio), ranging from 1.75% to 2.75% for SOFR loans plus commitment fee of 0.25%–0.425%.
- Financial covenants include minimum fixed charge coverage ratio and maximum consolidated leverage ratio.

## SEC filing metadata
- accession: 0001193125-24-233102
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312524233102/0001193125-24-233102-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312524233102/d896305d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-233102
- JSON: https://secwatch.observer/filing/0001193125-24-233102.json
- Plain text: https://secwatch.observer/filing/0001193125-24-233102.txt

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