secwatch.observer — SEC 8-K summary
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Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K
Filed at:   2022-06-17T23:59:59+00:00
Accession:  0000048287-22-000144
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000004828722000144/0000048287-22-000144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000004828722000144/hni-20220614.htm
  HTML page:      https://secwatch.observer/filing/0000048287-22-000144

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