Company: UAA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001336917-25-000136
Chunk: 34

Company: Under Armour, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 34
---
 together with borrowings under its amended credit agreement and cash on hand to redeem, repurchase or otherwise retire the Senior Notes due 2026 (as defined below) in full or deposit with the trustee all amounts necessary to satisfy and discharge its obligations under the Senior Notes due 2026 through maturity, in each case during the second quarter of Fiscal 2026. The Company incurred and deferred $4.9 million in financing costs in connection with the Senior Notes due 2030. 11

Table of Contents            3.25% Senior NotesIn June 2016, the Company issued $600.0 million in aggregate principal amount of 3.25% senior unsecured notes due June 15, 2026 (the "Senior Notes due 2026"). The Senior Notes bear interest at a fixed rate of 3.25% per annum, payable semi-annually on June 15 and December 15 beginning on December 15, 2016. The indenture governing the Senior Notes contains negative covenants that limit the Company's ability to engage in certain transactions and are subject to material exceptions described in the indenture. The Company incurred and deferred $5.4 million in financing costs in connection with the Senior Notes. As discussed above, the Company intends to redeem, repurchase or otherwise retire the Senior Notes due 2026 in full or deposit with the trustee all amounts necessary to satisfy and discharge its obligations under the Senior Notes due 2026 through maturity, in each case during the second quarter of Fiscal 2026.Interest ExpenseInterest expense, which includes amortization of deferred financing costs, bank fees, capital and built-to-suit lease interest and interest expense under the credit and other long-term debt facilities, was $6.8 million for the three months ended June 30, 2025 (three months ended June 30, 2024: $5.7 million).Maturity of Long-Term DebtThe following are the scheduled maturities of long-term debt as of June 30, 2025:Fiscal year ending March 31,2026 (nine months ending)$— 2027600,000 2028— 2029— 2030— 2031 and thereafter400,000 Total scheduled maturities of long-term debt$1,000,000 Current maturities of long-term debt$600,000 The Company monitors the financial health and stability of its lenders under the credit and other long-term