{"schema_version":"secwatch.filing_event.v1","accession":"0000046250-25-000021","form_type":"8-K","ticker":"HWKN","cik":"0000046250","company_name":"HAWKINS INC","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.982577+00:00","generated_at":"2026-05-23T02:54:56.815381+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hawkins ups revolving credit facility to $400M, draws $150M for WaterSurplus acquisition","bullets":["Revolving credit facility increased to $400M from prior $0M; includes $10M LC and $25M swingline subfacilities.","Drew $150M to acquire substantially all assets of Surplus Management, Inc. dba WaterSurplus.","Facility matures April 25, 2030; rates based on Term SOFR plus 1.00%-1.85% or base rate plus 0.00%-0.85%.","Covenants include min. fixed charge coverage 1.15x, max. leverage 3.5x (4.0x after permitted acquisitions).","JP Morgan Chase, Wells Fargo, and Associated Bank joined as lenders alongside U.S. Bank."],"urls":{"canonical":"https://secwatch.observer/filing/0000046250-25-000021","json":"https://secwatch.observer/filing/0000046250-25-000021.json","markdown":"https://secwatch.observer/filing/0000046250-25-000021.md","text":"https://secwatch.observer/filing/0000046250-25-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46250/000004625025000021/0000046250-25-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46250/000004625025000021/hwkn-20250425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:54:56.815381+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":"e841672d24a33704f542e54d465640f9dc0dec0b","claim":"HAWKINS INC incurred revolving credit of $400.0 million with U.S. Bank National Association at Term SOFR plus between 1.0% - 1.85% maturing April 25, 2030.","evidence_excerpt":"The Amendment increased the revolving commitment under the Existing Credit Agreement to provide the Company with senior secured revolving credit facilities (the “Revolving Loan Facility”) totaling $400.0 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/46250/000004625025000021/0000046250-25-000021-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$400.0 million"},{"label":"Counterparty","value":"U.S. Bank National Association"},{"label":"Rate","value":"Term SOFR plus between 1.0% - 1.85%"},{"label":"Maturity","value":"April 25, 2030"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}