Cricut enters credit agreement with BMO Bank N.A. on October 22, 2026
CRCT•Cricut entered a five-year, $300 million senior secured revolving credit agreement with BMO Bank N.A. on October 22, 2026, and terminated its prior credit agreement with no principal outstanding.
1. Credit facility terms
The facility includes $35 million letter-of-credit and $30 million foreign-currency sublimits. Cricut may request incremental facilities of up to $225 million or 1.5 times consolidated EBITDA.
