Deckers Outdoor amends revolver, boosts commitments to USD 500 million
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DECK• Revolving credit facility amended
Deckers Outdoor amended its unsecured revolving credit facility, lifting commitments to USD 500 million.
- Maturity extended to Aug. 27, 2031 under a first amendment effective Aug. 27, 2026.
- Citibank remains administrative agent; HSBC, Citibank and Fifth Third act as joint lead arrangers and bookrunners.
- Pricing grid sets loan margins at 1%–1.5% over Term SOFR or other RFRs, and 0%–0.5% over adjusted base rate.
- Unused commitment fee reduced to 0.10%–0.175%.
- Proceeds are earmarked for working capital and general corporate purposes.
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Deckers Outdoor amends revolver, boosts commitments to USD 500 million - DECK News | Rallies