---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-038381"
form_type: "8-K"
ticker: "SHOO"
cik: "0000913241"
company_name: "STEVEN MADDEN, LTD."
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:26:58.489112+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Third Amendment to $150M revolving credit facility; maturity unchanged at March 20, 2027; no loans or letters of credit outstanding.
- Notification Factoring Rider with CIT for receivables from assets acquired from Turn On Products (Almost Famous) on Oct 20, 2023.
- Base factoring fee 0.10%-0.20% of gross face amount; CIT assumes credit risk on approved post-acquisition receivables.
- The factoring rider can be terminated with 10-day notice.

## SEC filing metadata
- accession: 0001493152-23-038381
- form_type: 8-K
- ticker: SHOO
- cik: 0000913241
- company_name: STEVEN MADDEN, LTD.
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913241/000149315223038381/0001493152-23-038381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913241/000149315223038381/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-038381
- JSON: https://secwatch.observer/filing/0001493152-23-038381.json
- Plain text: https://secwatch.observer/filing/0001493152-23-038381.txt

## Key facts
- Material Agreements
  STEVEN MADDEN, LTD. amended Third Amendment to Credit Agreement (effective 2023-10-23).
  - Action: amendment
  - Agreement: credit facility
  - Effective: 2023-10-23
  source text: 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 ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000149315223038381/0001493152-23-038381-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/913241/000149315223038381/0001493152-23-038381-index.htm

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