---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-043532"
form_type: "8-K"
ticker: "ELF"
cik: "0001600033"
company_name: "e.l.f. Beauty, Inc."
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T17:46:36.215235+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# e.l.f. Beauty enters $500M credit facility, repurchases $50M in stock

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-043532
- form_type: 8-K
- ticker: ELF
- cik: 0001600033
- company_name: e.l.f. Beauty, Inc.
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600033/000119312525043532/0001193125-25-043532-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600033/000119312525043532/d841298d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-043532
- JSON: https://secwatch.observer/filing/0001193125-25-043532.json
- Plain text: https://secwatch.observer/filing/0001193125-25-043532.txt

## Key facts
- Debt Financings
  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
  source text: established a revolving credit facility in an aggregate principal amount of $500 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1600033/000119312525043532/0001193125-25-043532-index.htm

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