Universal Electronics Extends Credit Agreement, Reduces Credit Limit to $60 Million

Reuters11-21
Universal Electronics Extends Credit Agreement, Reduces Credit Limit to $60 Million

Universal Electronics Inc. has entered into an Eleventh Amendment to its Second Amended and Restated Credit Agreement with its lenders and U.S. Bank National Association acting as administrative agent. The amendment, signed on November 17, 2025, extends the term of the credit facility through September 30, 2027, reduces the aggregate credit limit to $60 million, and revises certain financial covenants, including adjustments to the consolidated fixed charge coverage ratio and the definition of Consolidated EBITDA. All other terms of the original credit agreement remain substantially unchanged.

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