Weis Markets amends credit agreement with Wells Fargo; matures October 1, 2030
On October 29, 2026, Weis Markets and its subsidiaries amended their unsecured revolving credit agreement with Wells Fargo Bank. The facility provides a $30 million principal commitment, with an additional $70 million of discretionary availability, and matures on October 1, 2030. The filing says the other terms are consistent with the prior agreement and does not state any amount borrowed under the facility.
Key points
- Unsecured revolving facility: $30 million aggregate principal commitment plus $70 million discretionary availability.
- Maturity date is October 1, 2030; no principal payments are due before maturity.
- Loans bear interest at 1.00% above Daily Simple SOFR, and an unused fee of 0.25% applies.
- Company must maintain minimum EBITDA of $175 million, tested quarterly on a trailing twelve-month basis.
The filing
Written by AI on Nov 9, 2026, 8:51 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 November 03, 2026.
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.