GoPro amends Wells Fargo revolving credit facility, lifts interest rate by 1%
GPRO•Amendment to Wells Fargo-led revolver
GoPro entered Waiver and Amendment No. 4 to its Wells Fargo-led revolving credit agreement on July 9, 2026.
The amendment permits the July 2026 insider financing, lifts some covenant constraints, and raises pricing by 1%.
Related fee letter and repayment terms
A separate fee letter sets potential fees of USD 5 million tied to bankruptcy events, a USD 1 million success fee, and weekly repayments starting Oct. 9, 2026.
New borrowing rates and extension terms
New rates under the facility are:
- Base rate loans at base plus 3.5%
- SOFR loans at SOFR plus 0.10% plus 4.5%
Future revolver extensions, excluding loan continuations, shift to lender discretion.
