secwatch.observer — SEC 8-K summary
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Issuer:     MALIBU BOATS, INC. (MBUU)
CIK:        0001590976
Form:       8-K
Filed at:   2022-07-12T23:59:59+00:00
Accession:  0001590976-22-000042
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Malibu Boats enters $350M revolving credit facility; $121.7M drawn at close
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- Third Amended and Restated Credit Agreement dated July 8, 2022, matures July 8, 2027.
- Facility size $350 million; $121.7 million borrowed to refinance existing loans and pay fees.
- Interest on SOFR loans ranges from SOFR + 1.25% to + 2.00%, based on leverage ratio.
- Financial covenants: max consolidated leverage ratio and minimum interest coverage ratio.
- Unused commitment fee between 0.15% and 0.30% per annum depending on leverage ratio.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1590976/000159097622000042/0001590976-22-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1590976/000159097622000042/mbuu-20220708.htm
  HTML page:      https://secwatch.observer/filing/0001590976-22-000042

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