secwatch.observer — SEC 8-K summary
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Issuer:     WEYCO GROUP INC (WEYS)
CIK:        0000106532
Form:       8-K
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001558370-24-013116
Event type: debt
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Weyco Group extends revolving credit facility maturity to Sept 2025
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- Fourth Amendment to Credit Agreement with Associated Bank extends maturity to September 26, 2025.
- Revolving credit facility retains $40.0 million maximum borrowing limit.
- Interest continues at one-month term SOFR plus 125 basis points.
- No other changes to terms, covenants, or collateral requirements.
- Facility secured by general business assets; minimum tangible net worth covenant remains.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/106532/000155837024013116/0001558370-24-013116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/106532/000155837024013116/weys-20240927x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-013116

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