HNI amends credit facility: reduces revolver to $400M, extends maturity to June 2028

HNI CORP

Revolving commitment reduced from $450M to $400M; option to increase by $150M retained.
Maturity extended from April 2023 to June 2028.
One subsidiary guarantor released under the amended agreement.
Credit agreement contains customary covenants; proceeds for working capital, acquisitions, dividends, buybacks.

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