Compass Diversified Holdings Secures Fourth Forbearance Amendment to Credit Agreement with Lenders
Compass Diversified Holdings has secured a Fourth Forbearance Agreement and Amendment to its Credit Agreement with Bank of America and other lenders. The agreement prevents lenders from exercising rights related to defaults by Lugano Holding, Inc., a subsidiary, until November 24, 2025. It also provides increased flexibility for asset disposition and financing for Lugano. This replaces previous arrangements.
Compass Diversified Holdings has entered into a Fourth Forbearance Agreement and Fourth Amendment to its existing Credit Agreement with Bank of America, N.A., as Administrative Agent, and a group of consenting lenders. Under the terms of the new agreement, the lenders have agreed to refrain from exercising their rights and remedies in connection with certain events of default related to Lugano Holding, Inc., a Compass subsidiary, until November 24, 2025, or until certain other specified events occur. The amendment to the Credit Agreement also grants Compass Diversified Holdings increased flexibility regarding the disposition of Lugano assets and the provision of financing to Lugano. This agreement replaces the prior forbearance and amendment arrangements between the parties. 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. Compass Diversified Holdings published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001345126-25-000073), on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
