debt
confidence high
sentiment positive
materiality 0.50
XPEL extends credit facility maturity to Sept 2028; $125M revolver unchanged
XPEL, Inc.
- Maturity extended from April 2026 to September 11, 2028 via First Amendment.
- Revolving credit facility remains at $125 million aggregate commitment.
- Interest rate options unchanged: Base Rate or Adjusted Term SOFR plus applicable margin.
- Financial covenants unchanged: max Consolidated Total Leverage Ratio 3.50x, min Interest Coverage 3.00x.
- No defaults existed at amendment; borrower ratified all obligations.
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