v3.26.1
SUBSEQUENT EVENTS
6 Months Ended
Jun. 30, 2026
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS SUBSEQUENT EVENTS
On July 15, 2026, subsequent to the end of the reporting period, Celsius Holdings, Inc. and Celsius, Inc. entered into the Second Refinancing Amendment. This amendment reduced the applicable interest rate under the Term Loan Facility by 0.25%, with a potential additional reduction of 0.25% should the Company achieve certain public corporate or corporate family ratings on an ongoing basis. All other material terms of the Credit Agreement, including the applicable interest rate with respect to the Revolving Credit Facility, remain unchanged. In connection with the Second Refinancing Amendment, the Company repaid the remaining outstanding balance of the Company's $694.8 million Term Loan Facility using all of the proceeds from a new $694.8 million term loan under the Term Loan Facility, which bears interest at the reduced interest rate provided by the Second Refinancing Amendment. No prepayment penalties were incurred in connection with the refinancing. The Company is currently evaluating the appropriate accounting treatment for this transaction under applicable U.S. GAAP, including the guidance in ASC 470, to determine whether the refinancing should be accounted for as a modification or an extinguishment of the existing debt.