secwatch / observer
8-K filed October 26, 2023, 7:59 PM ET ticker SHOO CIK 0000913241
debt confidence high sentiment neutral materiality 0.40

Steven Madden amends $150M credit facility and signs factoring rider for post-acquisition receivables

STEVEN MADDEN, LTD.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

STEVEN MADDEN, LTD. amended Third Amendment to Credit Agreement (effective 2023-10-23).

Action
amendment
Agreement
credit facility
Effective
2023-10-23
Exact text from the filing
On October 23, 2023, Steven Madden, Ltd. (the “ Company ”) and certain subsidiaries of the Company acting as guarantors (the “ Guarantors ”) entered into a Third Amendment to Credit Agreement (the “ Amendment ”) that amended the Company’s Credit Agreement, dated as of July 22, 2020, among the Company, the Guarantors, the financial institutions listed therein, and Citizens Bank, N.A., as administrative agent, as previously amended (the “ Existing Agreement ” and as amended by the Amendment, the “ Credit Agreement ”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

STEVEN MADDEN, LTD. amended Notification Factoring Rider to the Credit Approved Receivables Purchasing Agreement with The CIT Group/Commercial Services, Inc. (effective 2023-10-23).

Action
amendment
Counterparty
The CIT Group/Commercial Services, Inc.
Effective
2023-10-23
Exact text from the filing
On October 23, 2023, the Company and Daniel M. Friedman & Associates, Inc. (“ DMFA ”), a wholly-owned subsidiary of the Company, also entered into a Notification Factoring Rider to the Credit Approved Receivables Purchasing Agreement (“ Notification Factoring Rider ”) that amended and supplemented that certain Credit Approved Receivables Purchasing Agreement (the “ Factoring Agreement ”), dated April 3, 2023, among the Company, DMFA and certain of the Company’s other subsidiaries party thereto (collectively with the Company, the “ Madden Entities ”), and CIT.
View on SEC.gov

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STEVEN MADDEN, LTD. filing history →

Source: SEC EDGAR
accession 0001493152-23-038381
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