Weyco Group, Inc. has entered into the Sixth Amendment to its Credit Agreement. The amendment, signed on September 24, 2026, modifies the revolving credit facility originally dated November 4, 2020. The agreement was established with Associated Bank, National Association.
The primary change outlined in the filing is the extension of the facility's maturity date. The revolving credit facility is now set to mature on September 23, 2027, replacing the previous maturity terms.
Under the terms of the Amended Credit Agreement, the Company has a maximum available borrowing limit of $40.0 million. Interest on amounts outstanding is calculated based on the one-month term secured overnight financing rate, or SOFR, plus 110 basis points.
The facility is secured by a security interest in the Company’s general business assets. The agreement includes customary representations, warranties, and covenants, which include a minimum tangible net worth financial covenant.
