Rocky Brands, Inc. said it has amended its credit facility with GMAC Commercial Finance LLC to extend the facility’s maturity through April 30, 2012. The credit facility was originally scheduled to mature on Jan. 5, 2010. In addition, the amendment reduces the commitment under the facility from $100 million to $85 million.

Mike Brooks, Chairman and CEO, commented, “We are very pleased with our ability to extend our credit facility well into 2012, particularly in this difficult lending environment. We have a very good working relationship with GMAC Commercial Finance and we believe their commitment to us underscores the positive progress we have made improving profitability and strengthening our balance sheet. In addition, we proactively reduced the amount of the facility in order to save expenses associated with charges on the undrawn portion of the credit facility as we do not expect to have a need for more than $85 million at any point through April 2012. We move forward well positioned to fund our working capital requirements and support the growth of our business.”

As of December 31, 2008, the company had $44.8 million outstanding under its credit facility