---
schema_version: "secwatch.filing_event.v1"
accession: "0000029332-25-000006"
form_type: "8-K"
ticker: "DXYN"
cik: "0000029332"
company_name: "DIXIE GROUP INC"
filed_at: "2025-03-03T23:59:59+00:00"
generated_at: "2026-05-25T22:10:03.287839+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dixie Group enters $75M revolving credit facility with MidCap, replaces Fifth Third

## Summary
- New $75M revolver with MidCap Financial IV Trust dated Feb 25, 2025, matures Feb 25, 2028.
- Proceeds used to retire existing Fifth Third facility and post cash collateral for LC obligations.
- Secured by accounts receivable, inventory, and other assets, including liens on Calhoun and Chatsworth, GA facilities.
- Contains financial covenants requiring minimum EBITDA thresholds and minimum excess availability under certain conditions.

## SEC filing metadata
- accession: 0000029332-25-000006
- form_type: 8-K
- ticker: DXYN
- cik: 0000029332
- company_name: DIXIE GROUP INC
- filed_at: 2025-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/29332/000002933225000006/0000029332-25-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/29332/000002933225000006/dxyn-20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000029332-25-000006
- JSON: https://secwatch.observer/filing/0000029332-25-000006.json
- Plain text: https://secwatch.observer/filing/0000029332-25-000006.txt

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