---
schema_version: "secwatch.filing_event.v1"
accession: "0001424929-22-000045"
form_type: "8-K"
ticker: "FOXF"
cik: "0001424929"
company_name: "FOX FACTORY HOLDING CORP"
filed_at: "2022-04-05T23:59:59+00:00"
generated_at: "2026-06-26T09:23:56.962744+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fox Factory enters $650M revolver, repays prior $250M revolver and $400M term loan

## Summary
- New $650M revolving credit facility with Wells Fargo as agent; matures April 5, 2027.
- Initial draw of $423M used to repay all amounts under prior credit agreement and for general corporate purposes.
- Prior facility had a $250M revolver and $400M term loan; no early termination penalties incurred.
- Covenants require Consolidated Net Leverage Ratio ≤ 4.00x (4.50x post large acquisition) and Interest Coverage ≥ 3.00x.
- SOFR-based pricing with margins ranging from 1.00% to 2.00% (SOFR loans) based on leverage.

## SEC filing metadata
- accession: 0001424929-22-000045
- form_type: 8-K
- ticker: FOXF
- cik: 0001424929
- company_name: FOX FACTORY HOLDING CORP
- filed_at: 2022-04-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1424929/000142492922000045/0001424929-22-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1424929/000142492922000045/foxf-20220405.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001424929-22-000045
- JSON: https://secwatch.observer/filing/0001424929-22-000045.json
- Plain text: https://secwatch.observer/filing/0001424929-22-000045.txt

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