---
schema_version: "secwatch.filing_event.v1"
accession: "0001767258-25-000054"
form_type: "8-K"
ticker: "XPEL"
cik: "0001767258"
company_name: "XPEL, Inc."
filed_at: "2025-09-17T23:59:59+00:00"
generated_at: "2026-05-17T06:23:01.028933+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# XPEL extends credit facility maturity to Sept 2028; $125M revolver unchanged

## Summary
- 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.

## SEC filing metadata
- accession: 0001767258-25-000054
- form_type: 8-K
- ticker: XPEL
- cik: 0001767258
- company_name: XPEL, Inc.
- filed_at: 2025-09-17T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/xpel-20250911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001767258-25-000054
- JSON: https://secwatch.observer/filing/0001767258-25-000054.json
- Plain text: https://secwatch.observer/filing/0001767258-25-000054.txt

## Key facts
- Debt Financings
  XPEL, Inc. amended revolving credit of $125 million with Wells Fargo Bank, N.A., as Administrative Agent at Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to maturing September 11, 2028.
  - Instrument: revolving credit
  - Principal: $125 million
  - Counterparty: Wells Fargo Bank, N.A., as Administrative Agent
  - Rate: Base Rate or Adjusted Term SOFR, plus an applicable margin ranging from 0.00% to
  - Maturity: September 11, 2028
  - Event: amendment
  source text: of the Credit Agreement from April 6, 2026 to September 11, 2028. The Credit Agreement provides for secured revolving loans and letters of credit in an aggregate amount of up to $125 million. Borrowings under the Credit Agreement bear interest, at XPEL’s option, at a rate equal to either (a) Base Rate or (b) Adjusted Term SOFR. In addition to the applicable interest
  evidence_url: https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm

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