On November 21, 2016, Performance Sports Group Ltd. (the
Company) entered into Amendment No. 2 to Superiority
Debtor-in-Possession ABL Credit Agreement dated as of November
21, 2016 (the ABL Amendment No.2) to the Superpriority
Debtor-In-Possession ABL Credit Agreement dated as of October
31, 2016 (the ABL Agreement), previously amended as of November
15, 2016 (the ABL Amendment No. 1), by and among Performance
Sports Group Ltd., Bauer Hockey Corp., Bauer Hockey, Inc., the
subsidiary borrowers and guarantors party thereto, the lenders
from time to time party thereto and Bank of America, N.A., as
administrative agent and collateral agent (the ABL Facility).
The Company also signed a letter approving an extension of the
date by which the parties to the Superpriority
Debtor-In-Possession Term Loan Credit Agreement, dated as of
October 31, 2016, as amended as of November 15, 2016 (the Term
Facility), must obtain the Bid Procedures Order required under
the Term Facility (the Extension Letter). A copy of the ABL
Agreement was previously filed as Exhibit 10.3 to the Companys
Current Report on Form 8-K/A filed on November 3, 2016 and the
ABL Amendment No. 1 was previously filed as Exhibit 99.2 to the
Companys Current Report on Form 8-K filed on November 21, 2016.
Copies of the ABL Amendment No. 2 and the Extension Letter are
attached hereto as Exhibit 99.1 and 99.2, respectively, to this
Current Report on Form 8-K.