Company: CELH
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001341766-25-000104
Chunk: 95

Company: Celsius Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 95
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 transaction reflects expected synergies, including enhanced manufacturing capabilities and the assembled workforce, and was allocated to the Company’s single reporting unit. Acquisition-related costs of approximately $0.3 million were expensed as incurred and recorded in selling, general and administrative expenses.

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Celsius Holdings, Inc.Notes to the Condensed Consolidated Financial Statements (Unaudited)June 30, 2025(Tabular dollars in thousands, except per share amounts)

6.     DEBT

Debt consisted of the following:June 30, 2025Term loan, due 2032$900,000 Less: current portion[1](9,000)Less: unamortized discount and debt issuance costs(28,083)Total long-term debt$862,917 [1] The current portion of the Company’s debt is included in other current liabilities on the unaudited condensed consolidated balance sheet.The Company’s debt outstanding as of June 30, 2025 matures as follows:2025$4,500 20269,000 20279,000 20289,000 20299,000 Thereafter859,500 Total Debt$900,000 Unamortized discounts and debt issuance costs(28,083)Total debt, net of unamortized discounts and debt issuance costs$871,917 Credit AgreementOn April 1, 2025, Celsius Holdings, Inc. and Celsius, Inc., as borrowers, certain subsidiaries of Celsius as guarantors, the lenders and issuing banks from time to time party thereto and UBS AG, Stamford Branch, as administrative agent and collateral agent, entered into a credit agreement (the "Credit Agreement"). The Credit Agreement provides for a term loan facility in an aggregate principal amount of up to $900.0 million (the “Term Loan Facility”), which was fully drawn on the Closing Date to fund a portion of the cash consideration, payable to the sellers in the Acquisition, and a revolving credit facility in an aggregate principal amount of up to $100.0 million (the “Revolving Facility”) (which may include the issuance of letters of credit in a stated face amount of up to, but not exceeding, $50.0 million). The Term Loan Facility matures on April 1, 2032, and the Revolving Facility matures on April 1, 2030.There were no borrowings under the Revolving Facility as of June 30, 2025. As