Funko Inc. Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions

Reuters

2025/07/18

<a href="https://laohu8.com/S/FNKO">Funko Inc.</a> Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions

Funko Inc., a prominent pop culture lifestyle brand, has announced an amendment to its existing credit facilities, which were originally established on September 17, 2021. The amendment, executed on July 16, 2025, introduces waivers for certain financial covenants, including the maximum net leverage ratio and the minimum fixed charge coverage ratio for the fiscal quarters ending June 30, 2025, and September 30, 2025. Additionally, the revolving credit commitments have been reduced from $150 million to $135 million as of July 16, 2025, and will further decrease to $125 million by December 31, 2025. This amendment aims to enhance Funko's financial flexibility during a dynamic period. Funko has also engaged Moelis & Company LLC to explore refinancing options for its credit facilities, which are set to mature on September 17, 2026.

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. Funko Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717268721) on July 17, 2025, and is solely responsible for the information contained therein.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2552317684"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2552317684\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2552317684?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-18 04:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2552317684","market":"nz","top_or_hot":-1,"title":"Funko Inc. Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/FNKO\">Funko Inc.</a> Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Funko Inc., a prominent pop culture lifestyle brand, has announced an amendment to its existing credit facilities, which were originally established on September 17, 2021. The amendment, executed on July 16, 2025, introduces waivers for certain financial covenants, including the maximum net leverage ratio and the minimum fixed charge coverage ratio for the fiscal quarters ending June 30, 2025, and September 30, 2025. Additionally, the revolving credit commitments have been reduced from $150 million to $135 million as of July 16, 2025, and will further decrease to $125 million by December 31, 2025. This amendment aims to enhance Funko's financial flexibility during a dynamic period. Funko has also engaged Moelis &amp; Company LLC to explore refinancing options for its credit facilities, which are set to mature on September 17, 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Funko Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717268721) on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Funko Inc. Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFunko Inc. Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-18 04:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/FNKO\">Funko Inc.</a> Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Funko Inc., a prominent pop culture lifestyle brand, has announced an amendment to its existing credit facilities, which were originally established on September 17, 2021. The amendment, executed on July 16, 2025, introduces waivers for certain financial covenants, including the maximum net leverage ratio and the minimum fixed charge coverage ratio for the fiscal quarters ending June 30, 2025, and September 30, 2025. Additionally, the revolving credit commitments have been reduced from $150 million to $135 million as of July 16, 2025, and will further decrease to $125 million by December 31, 2025. This amendment aims to enhance Funko's financial flexibility during a dynamic period. Funko has also engaged Moelis &amp; Company LLC to explore refinancing options for its credit facilities, which are set to mature on September 17, 2026.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Funko Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717268721) on July 17, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1878469433.USD","symbol_name":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250717:nNDLcf0qT8:1","article_id":"2552317684","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2552317684","pubTimestamp":1752784239,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Funko Inc., a prominent pop culture lifestyle brand, has announced an amendment to its existing credit facilities, which were originally established on September 17, 2021. The amendment, executed on July 16, 2025, introduces waivers for certain financial covenants, including the maximum net leverage ratio and the minimum fixed charge coverage ratio for the fiscal quarters ending June 30, 2025, and September 30, 2025. Additionally, the revolving credit commitments have been reduced from $150 million to $135 million as of July 16, 2025, and will further decrease to $125 million by December 31, 2025. This amendment aims to enhance Funko's financial flexibility during a dynamic period. Funko has also engaged Moelis & Company LLC to explore refinancing options for its credit facilities, which are set to mature on September 17, 2026.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely infor","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","BK4190":"消闲用品","MC":"Moelis & Company","FNKO":"Funko Inc.","BK4127":"投资银行业与经纪业","BK4565":"NFT概念","BK4159":"经销商"},"translate_title":"Funko Inc.修改信贷协议以在动态市场条件下增强财务灵活性","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MC":0.9,"FNKO":0.9},"content_text":"Funko Inc. Amends Credit Agreement to Enhance Financial Flexibility Amid Dynamic Market Conditions\n    \n\n        Funko Inc., a prominent pop culture lifestyle brand, has announced an amendment to its existing credit facilities, which were originally established on September 17, 2021. The amendment, executed on July 16, 2025, introduces waivers for certain financial covenants, including the maximum net leverage ratio and the minimum fixed charge coverage ratio for the fiscal quarters ending June 30, 2025, and September 30, 2025. Additionally, the revolving credit commitments have been reduced from $150 million to $135 million as of July 16, 2025, and will further decrease to $125 million by December 31, 2025. This amendment aims to enhance Funko's financial flexibility during a dynamic period. Funko has also engaged Moelis & Company LLC to explore refinancing options for its credit facilities, which are set to mature on September 17, 2026.\n      \n\nDisclaimer: 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. Funko Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250717268721) on July 17, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}