COLUMBIA SPORTSWEAR COMPANY (NASDAQ:COLM) Files An 8-K Entry into a Material Definitive Agreement

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COLUMBIA SPORTSWEAR COMPANY (NASDAQ:COLM) Files An 8-K Entry into a Material Definitive Agreement

ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.>

On May 26, 2017, Columbia Sportswear Company entered into a ninth
amendment (the Amendment) to its Credit Agreement dated June 15,
2010, as amended, with Wells Fargo Bank, National Association, as
the administrator for the lenders and as a lender, and Bank of
America, N.A., as a lender. The Amendment, which is effective as
of May 26, 2017, modifies the definitions used to determine the
applicable interest rates and extends the maturity date to July
1, 2021. The Amendment also adds a schedule of lender loan
commitments and amends a schedule listing commitment fees.
The Amendment, filed as exhibit 10.1 to this Form 8-K, is
incorporated into this Item 1.01 by reference.
ITEM 2.03 CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN
OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A
REGISTRANT.
The information disclosed under Item 1.01 is incorporated into
this Item 2.03 by this reference.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
10.1
Ninth Amendment to Credit Agreement dated May 26, 2017,
among Columbia Sportswear Company, Wells Fargo Bank,
National Association, as the administrator for the
lenders and as a lender, and Bank of America, N.A., as
a lender.


About COLUMBIA SPORTSWEAR COMPANY (NASDAQ:COLM)

Columbia Sportswear Company is an apparel and footwear company. The Company designs, sources, markets and distributes outdoor and active lifestyle apparel, footwear, accessories and equipment under the Columbia, Mountain Hardwear, Sorel, prAna and other brands. The Company’s geographic segments are the United States, Latin America and Asia Pacific (LAAP), the Europe, Middle East and Africa (EMEA), and Canada. The Company develops and manages its merchandise in categories, including apparel, accessories and equipment, and footwear. Its apparel, accessories and equipment are designed to be used in various outdoor activities, such as skiing, snowboarding, hiking, climbing, mountaineering, camping, hunting, fishing, trail running, water sports and adventure travel. The Company’s footwear products include hiking boots, trail running shoes, rugged cold weather boots, sandals and casual shoes. Its products are sold in approximately 100 countries.

COLUMBIA SPORTSWEAR COMPANY (NASDAQ:COLM) Recent Trading Information

COLUMBIA SPORTSWEAR COMPANY (NASDAQ:COLM) closed its last trading session up +0.63 at 53.98 with 145,214 shares trading hands.