Company: CVGI
Filing Date: 2025-03-17
Form Type: 10-K
Source: 0001628280-25-012913
Chunk: 95

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-03-17
Form: 10-K
Item: Item 8
Chunk 95
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 and assemblies2,985 228,424 13,967 245,376 Plastic & Trim components186,816 — 7,604 194,420 Mirrors, wipers and controls5,570 — 44,398 49,968 Total$469,962 $228,424 $137,083 $835,469 Twelve Months Ended December 31, 2022Vehicle SolutionsElectrical SystemsAftermarket & AccessoriesTotalSeats$286,262 $— $75,354 $361,616 Electrical wire harnesses, panels and assemblies89 180,369 10,316 190,774 Plastic & Trim components179,910 — 5,552 185,462 Mirrors, wipers and controls4,073 35 40,623 44,731 Total$470,334 $180,404 $131,845 $782,583 

3. Debt

Debt consisted of the following at December 31:20242023Term loan facility$85,000 $141,563 Revolving credit facility50,500 — Unamortized discount and issuance costs— (49)$135,500 $141,514 Less: current portion(8,438)(15,313)Total long-term debt, net of current portion$127,062 $126,201 Credit AgreementOn April 30, 2021, the Company and certain of its subsidiaries entered into a credit agreement (the “Credit Agreement”) between, among others, Bank of America, N.A. as administrative agent (the “Administrative Agent”) and other lenders party thereto (the “Lenders”) pursuant to which the Lenders made available a $150 million Term Loan Facility (the “Term Loan Facility”) and a $125 million Revolving Credit Facility (the “Revolving Credit Facility” and together with the Term Loan Facility, the “Credit Facilities”). Subject to the terms of the Credit Agreement, the Revolving Credit Facility includes a $10 million swing line sublimit and a $10 million letter of credit sublimit. The Credit Agreement provides for an incremental term facility agreement and/or an increase of the Revolving Credit Facility (together, the “Incremental Facilities”), in a maximum aggregate amount of (a) up to the date of receipt of financial statements for the fiscal quarter ending June 30,