Company: CVGI
Filing Date: 2025-11-10
Form Type: 10-Q
Source: 0001628280-25-051174
Chunk: 62

Company: Commercial Vehicle Group, Inc.
Filing Date: 2025-11-10
Form: 10-Q
Item: Item 8
Chunk 62
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37,183 37,183 Mirrors, wipers and controls— — 11,232 11,232 Total$76,643 $46,714 $48,415 $171,772 Nine Months Ended September 30, 2025Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsTotalSeats$214,070 $— $— $214,070 Electrical wire harnesses, panels and assemblies2,504 153,527 — 156,031 Plastic & Trim components— — 96,675 96,675 Mirrors, wipers and controls— — 27,464 27,464 Total$216,574 $153,527 $124,139 $494,240 

7

Nine Months Ended September 30, 2024Global SeatingGlobal Electrical SystemsTrim Systems and ComponentsTotalSeats$237,676 $— $— $237,676 Electrical wire harnesses, panels and assemblies2,168 159,079 — 161,247 Plastic & Trim components— — 123,167 123,167 Mirrors, wipers and controls— — 37,973 37,973 Total$239,844 $159,079 $161,140 $560,063 

4. Debt 

Debt consisted of the following:September 30, 2025December 31, 2024Term Loan due 2030$94,762 $— ABL Revolving credit facility20,225 — Prior Term Loan due 2027— 85,000 Prior Revolver due 2027— 50,500 Unamortized value of warrants (2,503)— Unamortized debt discount and issuance costs(4,276)— $108,208 $135,500 Less: current portion of long-term debt(944)(8,438)Total long-term debt, net of current portion$107,264 $127,062 Short-term debt - China credit facility$4,213 — Term Loan Due 2030On June 27, 2025, the Company entered into a $95 million secured credit facility (the “Term Loan”) pursuant to a term loan and security agreement with TCW Asset Management Company LLC (“TCW Management”), as administrative agent, and other lender parties ther