LCI Industries signs $1.0 billion credit agreement, replacing prior facility
On March 25, 2025, LCI Industries entered a new Credit Agreement with JPMorgan Chase Bank, N.A. as administrative agent, providing a $600.0 million five-year revolving facility and a $400.0 million seven-year term loan. The company used the term loan proceeds to repay in full about $281.3 million outstanding under its prior credit agreement and terminated that agreement. The filing describes new debt obligations secured by substantially all personal property, along with quarterly financial covenants that shareholders may watch as a measure of the company's borrowing capacity.
Key points
- Revolving facility of $600.0 million and term loan facility of $400.0 million under the new Credit Agreement
- Term loan was fully funded on March 25, 2025; revolving facility remained undrawn apart from letters of credit transferred from the prior agreement
- Prior Credit Agreement had about $281.3 million outstanding, repaid in full and terminated on March 25, 2025
- Term loan matures March 25, 2032; revolving facility terminates March 25, 2030
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 25, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.