COLUMBIA SPORTSWEAR CO (COLM) — Current Report

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Earlier Current Report filings

Filed: 2026-03-20
  • Columbia Sportswear has entered into a new $500 million unsecured revolving credit facility with JPMorgan Chase Bank, replacing its previous credit agreement. The new facility matures in 2031 and provides additional financial flexibility for the company's working capital and corporate needs.
  • The credit facility includes a financial covenant to maintain a funded debt ratio of not greater than 3.75 to 1.00, allowing the company to net domestic and foreign cash up to certain limits for compliance purposes.
  • The agreement restricts certain payments, including dividends and share buybacks, in excess of $200 million annually if the company's funded debt ratio exceeds 3.25 to 1.00, providing some limitations on shareholder returns.

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