The information contained herein, as well as Exhibits 99.1 and 99.2 to this report of a Foreign Private
Issuer on Form
6-K
are deemed filed for all purposes under the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended.
Amendment to Agreement Governing Term Loan Facility
On May 10, 2019, Canada Goose Holdings Inc. (the Company) and its wholly-owned subsidiary, Canada Goose Inc., as borrower,
entered into an amendment (the Term Loan Amendment) to its senior secured term loan facility (the Term Loan Facility), originally entered into on December 2, 2016, with Credit Suisse AG, Cayman Islands Branch, as
administrative agent and collateral agent, and certain financial institutions as lenders. The Term Loan Amendment was executed in connection with the refinancing of the Term Loan Facility. The term loans issued in connection with the Term Loan
Amendment (the 2019 Refinancing Term Loans) were used to refinance in full all of the initial term loans outstanding under the Term Loan Facility. The interest rates for the 2019 Refinancing Term Loans are 3.50% for LIBOR Loans and 2.50%
for ABR Loans. Among other things, the Term Loan Amendment extended the maturity date for the Term Loan Facility to December 2, 2024.
The foregoing description of the Term Loan Amendment does not purport to be complete and is qualified in its entirety by reference to the Term
Loan Amendment, which is attached as Exhibit 99.1.
Amendment to Agreement Governing Revolving Facility
On May 10, 2019, the Company and its wholly-owned subsidiaries, Canada Goose Inc. and Canada Goose International AG, entered into an
amended and restated ABL credit agreement (the Amended and Restated ABL Credit Agreement) to its senior secured asset-based revolving facility (the Revolving Facility), originally entered into on June 3, 2016, with
Canadian Imperial Bank of Commerce, as administrative agent, and certain financial institutions as lenders. Among other things, the Amended and Restated ABL Credit Agreement (i) increased the aggregate credit commitments under the Revolving
Facility from $200,000,000 to $300,000,000 during the
non-peak
Season and from $250,000,000 to $350,000,000 during the peak season (June 1 through November 30) and (ii) extended the credit maturity date
to the earlier of (a) June 3, 2024 and (b) the date that is six months prior to the maturity date of the Term Loan Facility.
The foregoing description of the Amended and Restated ABL Credit Agreement does not purport to be complete and is qualified in its entirety by
reference to the Amended and Restated ABL Credit Agreement, which is attached as Exhibit 99.2.