debt
confidence high
sentiment neutral
materiality 0.35
Zumiez extends $25M revolving credit facility to Dec 2027; adds two subsidiaries as co-borrowers
Zumiez Inc
- Revolving credit facility extended from Dec 2025 to Dec 23, 2027.
- Zumiez Services Inc. and Zumiez Canada Holdings Inc. added as joint borrowers.
- Amendment amends Credit Agreement originally dated Dec 20, 2024, with PNC Bank.
- Credit facility is secured by cash and marketable securities, available for general corporate purposes.
- Foreign borrowers' liabilities are several; Company and Zumiez Services have joint and several liability.