---
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"
generated_at: "2026-05-17T05:09:55.121611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alico closes $10M refinancing, adds $10M MetLife debt with new terms

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003545-25-000128
- JSON: https://secwatch.observer/filing/0000003545-25-000128.json
- Plain text: https://secwatch.observer/filing/0000003545-25-000128.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: $10 million
  - Counterparty: MetLife Investment Management, LLC for each of Metropolitan Life Insurance Company and New England Life Insurance Company
  - Maturity: May 1, 2034
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/3545/000000354525000128/0000003545-25-000128-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.