Weis Markets Amends $30 Million Wells Fargo Credit Facility, Sets 2030 Maturity

Bitget2026/11/03 14:49

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Weis Markets amended its unsecured $30 million revolving credit agreement with Wells Fargo on October 29, 2026.
The facility provides an additional $70 million in discretionary availability.
Maturity is October 1, 2030, with no scheduled principal payments due before then.
Borrowings bear interest at Daily Simple SOFR plus 1%, with Prime Rate as the fallback.
The agreement requires minimum trailing-12-month EBITDA of $175 million, tested quarterly, and carries a 0.25% annual unused commitment fee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weis Markets Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000105418-26-000055), on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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