Commercial Vehicle Group, Inc.
For the period ended Jun 27, 2025. Filed Jun 30, 2025.
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Jun 27, 2025 · Filed Jun 30, 2025
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Interest Rates and Commitment Fees
Amounts outstanding under the Revolving Loan Agreement accrue interest at a per annum rate based on SOFR, SONIA or EURIBOR, as applicable for the currency of the loan, with margins based on the average daily availability ranging from 1.50% if average daily availability > $50 million to 2.00% if average daily availability < $30 million. The interest rate shall initially be set at SOFR plus 1.75%. The first-in-last-out tranche shall accrue interest at a 1% higher rate. At the Company’s option, interest may be paid at the base rate.
The Company will pay an unused fee to the lenders equal to 0.25% per annum of the unused amounts under the Revolving Credit Facility.
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