Yeti Holdings, Inc., in a regulatory filing, said it amended its credit agreement to increase the company’s commitments under the revolving credit facility from $150 million to $300 million.
As part of the amendment on June 22, Yeti also refinanced and replaced its existing term loan with a new $84.375 million term loan maturing on June 22, 2028. The credit agreement requires quarterly principal payments equal to 1.25 percent of the term loan’s then outstanding aggregate principal amount.
