CAVA Group Secures $150M Revolving Credit Facility, Extends Maturity to 2031
CAVA sits 86% above its 52-week low of $43.41 on light trading volume (0.4× avg).
Summary
CAVA Group amended its credit agreement, increasing revolving commitments to $150 million and extending the maturity date to 2031, boosting financial flexibility.
Key Events · Financing and Capital Events · CAVA
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Credit Facility Amendment
CAVA Group entered into Amendment No. 3 to its Credit Agreement, originally dated March 11, 2022, with JP Morgan Chase Bank, N.A. as administrative agent.
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Increased Revolving Commitments
The aggregate amount of revolving commitments under the Credit Facility was increased from $75 million to $150 million.
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Extended Maturity Date
The maturity date of the Credit Facility was extended by four years, from March 11, 2027, to March 20, 2031.
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Interest Rate Structure
Borrowings will bear interest at a base rate plus an applicable margin of 0.00% to 1.25% per annum or Term SOFR plus an applicable margin of 1.00% to 2.25% per annum, based on the company's Total Rent Adjusted Net Leverage Ratio.
Analysis · CAVA · Trade & Services
CAVA Group has significantly enhanced its financial flexibility by amending its credit agreement. The amendment doubles the revolving credit commitments to $150 million and extends the maturity date by four years to March 20, 2031. This move provides substantial additional liquidity and strengthens the company's long-term capital structure, signaling strong lender confidence.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 36.9% of the 964 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.65%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CAVA was trading at $80.65 on NYSE in the Trade & Services sector, with a market capitalization of approximately $9.4B. The 52-week trading range was $43.41 to $101.50. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.