Smith & Wesson amends credit agreement, adjusts covenant ratio and excludes certain tax payments

SMITH & WESSON BRANDS, INC.

First Amendment to Oct 2024 credit agreement adjusts minimum Consolidated Fixed Charge Coverage Ratio for periods ending April 30, 2026 and July 31, 2026.
Excludes from Consolidated Funded Indebtedness any Indebtedness of guarantors related to Missouri Lease guarantee until obligation is triggered.
Allows one-time exclusion of cash taxes paid in FY2026 related to amended tax returns for FY2023 and FY2024.
No new debt issued; existing credit agreement otherwise unchanged.
Agreement with TD Bank, N.A. as administrative agent and other lenders.

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.