MALIBU BOATS, INC. — Form 8-K
Filed July 13, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 32/100
What the filing says
Malibu Boats, LLC executed a Fourth Amended and Restated Credit Agreement effective July 10, 2026, replacing the Third Amended agreement from July 8, 2022. The facility comprises: (1) a $250 million Aggregate Revolving Commitment (with $15 million Swingline and $10 million letter of credit sublimits); (2) a $100 million Term Loan A due in quarterly installments of $1.25 million starting September 30, 2026, with final maturity July 10, 2031; and (3) a $30 million Alternative Currency Sublimit. Lenders include Bank of America, Wells Fargo, Fifth Third, PNC (co-documentation agents), and Truist Bank (administrative agent). Pricing is SOFR-based with applicable margins ranging 1.25%–2.00% depending on leverage ratio. The agreement includes standard covenants, guarantees from subsidiaries, and collateral grants.
Why this rating
Routine refinancing of existing credit agreement. No material change in facility size, terms, or composition. Standard amortization and covenant structure. Immaterial relative to $732.9M market cap.
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