Deckers Outdoor Corporation said that on Aug. 30 it entered into a new $200 million secured revolving credit facility which contains a $50
million sublimit for the issuance of letters of credit and a $5 million
sublimit for swingline loans.

JPMorgan Chase Bank, National Association as the administrative agent, Comerica Bank and HSBC Bank USA, National Association were syndication agents, according to a filing with the Securities & Exchange Commission.

The credit agreement is subject to customary conditions and the approval of any lender whose commitment would be increased, the company has the option to increase the maximum principal amount available under the credit agreement by up to an additional $100 million, resulting in a maximum available principal amount of $300 million.