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WEYCO GROUP INC (WEYS) filed an 8-K current report with the SEC on September 24, 2026 reporting Item 2.03 (Creation of a Direct Financial Obligation). Revolving credit facility maturity extended to September 23, 2027.
WEYCO GROUP INC 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.03 · Creation of a Direct Financial Obligation
- Revolving credit facility maturity extended to September 23, 2027
- Maximum borrowing capacity remains $40.0 million
- Outstanding borrowings priced at one-month term SOFR plus 110 basis points
- Facility secured by general business assets and subject to minimum tangible net worth covenant
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