Form 8-K · Current report
Deckers Brands 8-K, filed Aug 31, 2026
- Filed
- CIK
- 0000910521
- Accession no.
- 0000910521-26-000024
Summary
Deckers Outdoor Corporation and its subsidiary borrowers and guarantors entered a First Amendment to their credit agreement with Citibank as administrative agent, raising revolving commitments to $500 million and extending the facility's maturity to August 27, 2031. The amendment also releases Deckers Benelux B.V. as a borrower and lowers commitment fees.
Key points
- The amendment raises commitments under the unsecured revolving credit facility to $500 million without changing letter-of-credit or foreign-currency sublimits.
- The maturity date of the unsecured revolving loans is extended to August 27, 2031, with possible further extensions on lender consent.
- Deckers Benelux B.V. is released as a borrower, and commitment fees drop to 0.10%–0.175% per annum on the unused facility based on total net leverage.
- Revolving loans price at a spread of 1.00%–1.50% over Term SOFR, Adjusted EURIBOR, Term CORRA, or Daily Simple RFR, or 0.00%–0.50% over the adjusted base rate, and proceeds go to working capital and general corporate purposes.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 1.01Entry into a Material Definitive Agreement
- 2.03Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
- 9.01Financial Statements and Exhibits
From the filing
Item 1.01 Entry into a Material Definitive Agreement. On August 27, 2026 (the “Effective Date”), Deckers Outdoor Corporation (the “Company”), Deckers Europe Limited, Deckers UK Ltd., Deckers Outdoor Canada ULC, Deckers Outdoor International Limited, Deckers Coromar, LLC and DBrands SGP Pte. Ltd. (collectively, the “Borrowers”), Deckers Consumer Direct Corporation, Deckers Retail, LLC, Deckers Camino, LLC, and Deckers Pacific Corporation (collectively, the “Guarantors”) entered into a First Amendment to the Credit Agreement (the “Amendment”) with Citibank, N.A. …
An excerpt of the text as filed with the SEC, cut for length.
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