Funko Amends and Extends Credit Agreement
February 13, 2026 — Leads & Copy — Funko, Inc. (Nasdaq: FNKO) has successfully amended and extended its existing credit agreement, originally dated September 17, 2021.
The amendment extends the maturity date of the loans under the company’s credit agreement from September 17, 2026, to December 31, 2027. It also waives and/or modifies certain financial covenants, in exchange for revisions to pricing terms.
Funko’s Chief Financial Officer, Yves Le Pendeven, stated that the agreement provides the company with additional financial strength and flexibility. It also provides time for Funko’s growth initiatives to take hold and gain traction. Le Pendeven also stated the company is thrilled to continue building on the positive momentum generated with partners and retailers during this year’s Toy Fair season and appreciates the strong support and commitment of banking partners.
JPMorgan Chase Bank, N.A., serves as administrative agent for the credit agreement. Moelis & Company LLC serves as a financial advisor to the company.
Additional details regarding the amended credit agreement are available in the company’s current report on Form 8-K filed today with the Securities and Exchange Commission.
Funko is described as a leading global pop culture lifestyle brand, with a diverse collection of brands, including Funko, Loungefly and Mondo, and an industry-leading portfolio of licenses. Funko delivers industry-defining products that span vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art, and music collectibles. Many of these are at the forefront of the growing Kidult economy.
Funko inspires fans across the globe to express their passions, build community, and have fun through products, including the original Pop! line, Bitty Pop!, and Pop! Yourself. Founded in 1998 and headquartered in Washington state, Funko has offices, retail locations, operations, and licensed partnerships in major consumer geographies across the globe.
Source: Funko
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