secwatch.observer — SEC 8-K summary
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Issuer:     GENESCO INC (GCO)
CIK:        0000018498
Form:       8-K
Filed at:   2026-01-21T23:59:59+00:00
Accession:  0001193125-26-018112
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genesco extends credit facility maturity to Jan 2031, adjusts pricing grid
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- Fourth Amendment extends maturity of revolving credit facility to January 16, 2031.
- Removed credit spread adjustment on Term SOFR, reducing interest rate on domestic borrowings.
- Added new pricing grid Level III; Applicable Margin for Term SOFR/Term CORRA loans 1.25%-1.75%.
- Financial covenant (fixed charge coverage ratio ≥1.0:1.0) triggered only if Excess Availability < $22.5M or 10% of loan cap.
- Conforming change replaces CDOR with Term CORRA for Canadian borrowings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/18498/000119312526018112/0001193125-26-018112-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/18498/000119312526018112/gco-20260121.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-018112

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