{"schema_version":"secwatch.filing_event.v1","accession":"0000003545-25-000128","form_type":"8-K","ticker":"ALCO","cik":"0000003545","company_name":"ALICO, INC.","filed_at":"2025-10-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.741907+00:00","generated_at":"2026-05-17T05:09:55.121611+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Alico closes $10M refinancing, adds $10M MetLife debt with new terms","bullets":["Repaid up to $10M outstanding under Prudential Mortgage Capital credit agreement, terminating it.","Entered Eighth Amendment to MetLife Credit Agreement for $10M additional debt, maturing May 1, 2034.","Added real property collateral and revised LTV covenant to require <50% ratio at all times.","Refinancing closed September 29, 2025; affects Alico and five Florida LLC subsidiaries."],"urls":{"canonical":"https://secwatch.observer/filing/0000003545-25-000128","json":"https://secwatch.observer/filing/0000003545-25-000128.json","markdown":"https://secwatch.observer/filing/0000003545-25-000128.md","text":"https://secwatch.observer/filing/0000003545-25-000128.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000128/0000003545-25-000128-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000128/alco-20250929.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:09:55.121611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"de5e9588cf6169826aff3a30fe5506619979593a","claim":"ALICO, INC. amended credit facility of $10 million with MetLife Investment Management, LLC for each of Metropolitan Life Insurance Company and New England Life Insurance Company maturing May 1, 2034.","evidence_excerpt":"to, among other things, incur $10 million of additional indebtedness under the MetLife Credit Agreement, with a maturity date of May 1, 2034, amend certain mortgages to add additional real property as collateral, add parties as mortgagors, and modify the loan-to-value ratio covenant","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000128/0000003545-25-000128-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$10 million"},{"label":"Counterparty","value":"MetLife Investment Management, LLC for each of Metropolitan Life Insurance Company and New England Life Insurance Company"},{"label":"Maturity","value":"May 1, 2034"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}