secwatch.observer — SEC 8-K summary
======================================

Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K/A
Filed at:   2022-07-20T23:59:59+00:00
Accession:  0000048287-22-000152
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI Corp corrects credit facility maturity to June 2027; $400M revolver executed
--------------------------------------------------------------------------------

- Revolving commitment reduced from $450M to $400M; option to increase by $150M retained.
- Maturity date extended to June 2027 (corrected from inadvertently reported June 2028).
- Prior facility's April 2023 maturity replaced; subsidiary guarantor released.
- Proceeds for working capital, acquisitions, dividends, stock repurchases; other terms unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000004828722000152/0000048287-22-000152-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000004828722000152/hni-20220614.htm
  HTML page:      https://secwatch.observer/filing/0000048287-22-000152

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer