Funko Inc. has announced that its subsidiary, Funko Acquisition Holdings, L.L.C., along with certain material domestic subsidiaries, entered into a Fifth Amendment to its existing credit agreement with JPMorgan Chase Bank, N.A. and other lenders. The amendment extends the maturity date of the loans from September 17, 2026, to December 31, 2027, and introduces several changes to the financial covenants, including waivers and adjustments to fixed charge coverage and leverage ratio requirements for specific fiscal quarters, as well as a new minimum EBITDA covenant. The agreement also increases the applicable margin on all outstanding loans, modifies amortization and prepayment terms, and adds new financial reporting and default provisions.

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