secwatch.observer — SEC 8-K summary
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Issuer:     ALICO, INC. (ALCO)
CIK:        0000003545
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0000003545-25-000045
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alico amends credit agreement with MetLife; modifies covenants and reporting requirements
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- Seventh Amendment entered on March 31, 2025 with MetLife Investment Management for Metropolitan Life and New England Life.
- Amendment updates reporting, affirmative/restrictive covenants, including RLOC disbursement requests and minimum liquidity.
- Catastrophic insurance coverage, LT covenant, and planned paydown provisions also revised.
- No change to total principal amount, interest rate, or maturity disclosed in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3545/000000354525000045/0000003545-25-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3545/000000354525000045/alco-20250331.htm
  HTML page:      https://secwatch.observer/filing/0000003545-25-000045

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