e.l.f. Beauty, Inc. (ELF): debt financing — e.l.f. Beauty enters $500M credit facility, repurchases $50M in stock

e.l.f. Beauty, Inc.

Entered $500M revolving credit facility maturing March 2030, refinancing existing debt and reducing interest rate margins.
Interest rate margin reduced; SOFR loans range from 1.125% to 1.875%, alternate base rate loans from 0.125% to 0.875%.
New minimum interest coverage ratio of 3.50x replaces fixed charge coverage ratio, tested quarterly.
Repurchased ~$50M of common stock Feb 27-28, 2025; $450M remains available under $500M buyback program.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

e.l.f. Beauty, Inc. amended revolving credit of $500 million aggregate principal amount revolving credit facility with Bank of Montreal, as administrative agent, and the lenders party thereto at SOFR or alternate base rate plus an interest rate margin ranging from 1.125% to maturing March 3, 2030.

Instrument: revolving credit
Principal: $500 million aggregate principal amount revolving credit facility
Counterparty: Bank of Montreal, as administrative agent, and the lenders party thereto
Rate: SOFR or alternate base rate plus an interest rate margin ranging from 1.125% to
Maturity: March 3, 2030
Event: amendment

Exact text from the filing

established a revolving credit facility in an aggregate principal amount of $500 million

View on SEC.gov

84 debt financings filed in the last 30 days. Browse all debt financings →

e.l.f. Beauty, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-043532

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.