Fossil Group Inc. announced that on November 13, 2025, it entered into a First Amendment to its existing Credit Agreement dated August 13, 2025, with ACF FINCO I LP acting as administrative agent. The amendment, known as the ABL Amendment, implements conforming changes to align the terms of the credit agreement with those of the recently issued First-Out Notes. This move follows the company's completion of its restructuring plan, including an exchange offer and rights offering. The company also entered into new intercreditor agreements to govern the priorities and administration of security interests among its lenders.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fossil Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-280531), on November 13, 2025, and is solely responsible for the information contained therein.
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