---
schema_version: "secwatch.filing_event.v1"
accession: "0000046250-22-000010"
form_type: "8-K"
ticker: "HWKN"
cik: "0000046250"
company_name: "HAWKINS INC"
filed_at: "2022-04-01T23:59:59+00:00"
generated_at: "2026-06-26T11:13:10.216846+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hawkins, Inc. expands credit facility to $250M, up from $150M, with five-year maturity

## Summary
- New $250M revolving credit facility replaces prior $150M facility; matures April 27, 2027.
- Proceeds used to refinance ~$126M of existing debt; balance for working capital, capex, acquisitions.
- Interest rate: Term SOFR plus 0.85%-1.35% margin; commitment fee 0.15%-0.25% of unused commitments.
- Company also entered five-year interest rate swap locking $60M at a fixed rate.
- Covenants: minimum fixed charge coverage 1.15x, maximum total cash flow leverage 3.0x.

## SEC filing metadata
- accession: 0000046250-22-000010
- form_type: 8-K
- ticker: HWKN
- cik: 0000046250
- company_name: HAWKINS INC
- filed_at: 2022-04-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/46250/000004625022000010/0000046250-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/46250/000004625022000010/hwkn-20220331.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000046250-22-000010
- JSON: https://secwatch.observer/filing/0000046250-22-000010.json
- Plain text: https://secwatch.observer/filing/0000046250-22-000010.txt

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