K2 amends loan, increasing revolver size to $270 million

By Sara Rosenberg

New York, March 20 - K2 Inc. amended its credit facility, increasing the revolver size to $270 million from $250 million, according to an 8-K filed with the Securities and Exchange Commission Tuesday.

In addition, the amendment created borrowing subfacilities for certain of K2's subsidiaries.

The amendment was completed on March 19.

JPMorgan is the administrative agent on the deal.

K2 is a Carlsbad, Calif., designer, manufacturer and distributor of sporting equipments and recreational products.

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