Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
HAVERTY FURNITURE COMPANIES INC amended revolving credit of $60,000,000 to $80,000,000 with Truist Bank maturing October 24, 2027.
- Instrument
- revolving credit
- Principal
- $60,000,000 to $80,000,000
- Counterparty
- Truist Bank
- Maturity
- October 24, 2027
- Event
- amendment
Exact text from the filing
to financial statements in our Annual Report on Form 10-K for the year December 31, 2021. The terms of the Amendment include an increase in the Revolving Loan Commitments from $60,000,000 to $80,000,000; an extension of the maturity date of the Credit Agreement to October 24, 2027; and replaced the LIBOR Rate with the SOFR Rate as the interest rate benchmark. The
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
HAVERTY FURNITURE COMPANIES INC amended Fourth Amendment with Truist Bank (effective 2022-10-24).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Truist Bank
- Effective
- 2022-10-24
Exact text from the filing
On October 24, 2022, Haverty Furniture Companies, Inc. and its wholly owned subsidiary (the "Company" or "Havertys"), entered into a Fourth Amendment (the “Amendment”) to Amended and Restated Credit Agreement dated September 21, 2011
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