Vail Holdings amends credit facility to extend maturity date to 2029

Chicago, April 24 – Vail Resorts, Inc. subsidiary Vail Holdings, Inc. entered into a ninth amendment on its credit agreement to extend the maturity date, according to an 8-K filing with the Securities and Exchange Commission.

Among other things, the April 24 amendment extends the revolver and term loan facilities to the earlier of April 24, 2029 or 90 days before the company’s 6¼% senior notes due 2025 mature, so long as the notes are outstanding.

The credit agreement original on Aug. 15, 2018 and lists Bank of America, NA as the administrative agent.

Vail Resorts is based in Broomfield, Colo., and operates mountain resorts through its subsidiaries.

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