Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
FGI Industries Ltd. incurred credit facility of $18,000,000 with East West Bank at Prime Rate plus a margin between 0% and 1.5% (subject to a minimum rate of 4.500 maturing April 17, 2027.
- Instrument
- credit facility
- Principal
- $18,000,000
- Counterparty
- East West Bank
- Rate
- Prime Rate plus a margin between 0% and 1.5% (subject to a minimum rate of 4.500
- Maturity
- April 17, 2027
- Event
- incurrence
Exact text from the filing
The Credit Agreement amends and restates the Borrower’s existing credit facility with the Lender and extends the maturity date of the facility through April 17, 2027 and maintains a maximum borrowing amount of $18,000,000, subject to borrowing base limitations.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
FGI Industries Ltd. entered into Credit Agreement with East West Bank valued at $18,000,000 (effective 2026-03-27).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- East West Bank
- Value
- $18,000,000
- Effective
- 2026-03-27
Exact text from the filing
On March 27, 2026, FGI Industries Ltd (the “Company”), through its wholly owned subsidiary FGI Industries, Inc. (the “Borrower”) and certain other loan parties, entered into an Amended and Restated Business Loan Agreement (the “Credit Agreement”) with East West Bank (the “Lender”).
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