secwatch.observer — SEC 8-K summary
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Issuer:     XPEL, Inc. (XPEL)
CIK:        0001767258
Form:       8-K
Filed at:   2025-09-17T23:59:59+00:00
Accession:  0001767258-25-000054
Event type: debt
Sentiment:  positive
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/0001767258-25-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767258/000176725825000054/xpel-20250911.htm
  HTML page:      https://secwatch.observer/filing/0001767258-25-000054

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