# Compass Diversified Holdings (CODI-PC) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_841608228e1c25391bfd · retrieved 2026-08-14T01:42:27.145Z

## Overview
Compass Diversified Holdings is a diversified holding company that owns and operates a portfolio of businesses across various industries including household furniture, apparel, and other manufacturing sectors.

On August 6, 2026, Compass Group Diversified Holdings LLC entered into a Sixth Amendment to its Third Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent and consenting lenders. The amendment reduces the aggregate revolving commitments from $100 million to $54 million, extends the maturity date to January 12, 2028, and removes the Incremental Delayed Draw Term Loan facility. The amendment also decreases the portion of Combined Eligible Availability attributable to any one Portfolio Company from 40% to 25%, reduces the aggregate amount available under incremental facilities from $250 million to $150 million, and waives milestone fees previously due under the Fifth Amendment. The company must maintain specified Consolidated Total Leverage Ratios ranging from 5.75:1.00 for Q3 2026 to 4.50:1.00 thereafter, and if term loans are not repaid by December 31, 2026, a $4 million milestone fee becomes due.

## Terms
- Counterparty: Bank of America, N.A.

## Key dates
- Announced 2026-08-10 · Expiry 2028-01-12

## Timeline
- 2026-08-10 · 8-K (0001345126-26-000062): 8-K - Compass Diversified Holdings — *Compass Diversified Holdings is a diversified holding company that owns and operates a portfolio of businesses across various industries including household furniture, apparel, and other manufacturing sectors.* On August 6, 2026, Compass Group Diversified Holdings LLC entered into a Sixth Amendment to its Third Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent and consenting lenders. The amendment reduces the aggregate revolving commitments from $100 million to $54 million, extends the maturity date to January 12, 2028, and removes the Incremental Delayed Draw Term Loan facility. The amendment also decreases the portion of Combined Eligible Availability attributable to any one Portfolio Company from 40% to 25%, reduces the aggregate amount available under incremental facilities from $250 million to $150 million, and waives milestone fees previously due under the Fifth Amendment. The company must maintain specified Consolidated Total Leverage Ratios ranging from 5.75:1.00 for Q3 2026 to 4.50:1.00 thereafter, and if term loans are not repaid by December 31, 2026, a $4 million milestone fee becomes due.
  https://www.sec.gov/Archives/edgar/data/1345126/0001345126-26-000062.txt

## Citations
- 0001345126-26-000062 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000134512626000062