Wolverine World Wide amends credit deal, cuts revolver to $600 million, extends maturity to 2030
Wolverine World Wide entered into a replacement credit facility on September 24, 2025, reducing its revolving commitments from $800 million to $600 million and eliminating its term loan A facility. It also extended a receivables purchase agreement to September 25, 2028, and the company said the new facility is sufficient for its ongoing capital needs.
Key points
- Revolving credit commitments reduced to $600 million from $800 million; term loan A facility eliminated
- $25.0 million of term loan A loans outstanding at closing were refinanced with the new facility
- Senior Credit Facility maturity extended to September 24, 2030
- Receivables Purchase Agreement Scheduled Termination Date set to September 25, 2028
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:55 AM ET, from the text of the filing and its press-release exhibits 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 September 30, 2025.
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