Company: UAA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001336917-25-000136
Chunk: 85

Company: Under Armour, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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ized debt issuance costs - Senior Notes due 2026(516)(651)Unamortized debt issuance costs - Senior Notes due 2030(4,832)— Unamortized debt issuance costs - Credit facility(5,195)(3,917)Total amount outstanding989,214 595,125 Less:Current portion of long-term debt:3.25% Senior Notes due 2026600,000 — Unamortized debt discount on Senior Notes due 2026(243)— Total current portion of long-term debt599,757 — Non-current portion of long-term debt$389,457 $595,125 Credit FacilityOn March 8, 2019, the Company entered into an amended and restated credit agreement by and among the Company, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, and the other lenders and arrangers party thereto (the "credit agreement"). In June 2025, the Company entered into the seventh amendment to the credit agreement (the credit agreement as amended, the "amended credit agreement" or the "revolving credit facility"). The amended credit agreement provides for an aggregate $1.1 billion of revolving credit commitments that has a term that ends on June 16, 2030, with permitted extensions under certain circumstances and subject to a springing maturity of 91 days prior to June 16, 2030 if, on such date, the Senior Notes due 2030 (as defined below) have not been refinanced. As of June 30, 2025 and March 31, 2025, there were no amounts outstanding under the revolving credit facility.At the Company's request and a lender's consent, commitments under the amended credit agreement may be increased by up to an amount equal to (x) the greater of (i) $400.0 million and (ii) 100% of consolidated EBITDA plus (y) an unlimited amount so long as, after giving effect to the relevant increase, the secured leverage ratio (calculated as set forth in the amended credit agreement) does not exceed 2.5 to 1.00 in aggregate, subject to certain conditions as set forth in the amended credit agreement. Incremental borrowings are uncommitted and the availability thereof will depend on market conditions at the time the Company seeks to incur such borrowings.

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Table of Contents            Up to $50.0 million of the facility may be