---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-031973"
form_type: "8-K"
ticker: "MAT"
cik: "0000063276"
company_name: "MATTEL INC /DE/"
filed_at: "2024-07-16T23:59:59+00:00"
generated_at: "2026-05-31T20:35:45.487283+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Mattel enters $1.4B revolving credit facility maturing 2029

## Summary
- New $1.4B senior unsecured revolving credit facility matures July 15, 2029.
- Interest at Term SOFR + 0.875%-1.375% or Base Rate + 0%-0.375%, based on debt rating.
- Covenants: interest coverage >=2.75x; leverage <=3.75x (4.00x on Sep 30) with step-up to 4.25x for acquisitions.
- Prior $1.4B credit agreement dated Sept 15, 2022 terminated upon closing.

## SEC filing metadata
- accession: 0001628280-24-031973
- form_type: 8-K
- ticker: MAT
- cik: 0000063276
- company_name: MATTEL INC /DE/
- filed_at: 2024-07-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63276/000162828024031973/0001628280-24-031973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63276/000162828024031973/mat-20240715.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-031973
- JSON: https://secwatch.observer/filing/0001628280-24-031973.json
- Plain text: https://secwatch.observer/filing/0001628280-24-031973.txt

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