---
schema_version: "secwatch.filing_event.v1"
accession: "0000216085-22-000018"
form_type: "8-K"
ticker: "HVT"
cik: "0000216085"
company_name: "HAVERTY FURNITURE COMPANIES INC"
filed_at: "2022-10-27T23:59:59+00:00"
generated_at: "2026-06-23T00:17:00.816982+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Havertys increases revolving credit facility to $80M and extends maturity to 2027

## Summary
- Revolving loan commitments increased from $60M to $80M.
- Maturity date of the credit agreement extended to October 24, 2027.
- Interest rate benchmark changed from LIBOR to SOFR.
- Credit facility secured by inventory, accounts receivable, and other personal property.
- Amendment entered into on October 24, 2022, with Truist Bank as administrative agent.

## SEC filing metadata
- accession: 0000216085-22-000018
- form_type: 8-K
- ticker: HVT
- cik: 0000216085
- company_name: HAVERTY FURNITURE COMPANIES INC
- filed_at: 2022-10-27T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/0000216085-22-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/hvt8k102722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000216085-22-000018
- JSON: https://secwatch.observer/filing/0000216085-22-000018.json
- Plain text: https://secwatch.observer/filing/0000216085-22-000018.txt

## Key facts
- Debt Financings
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/0000216085-22-000018-index.htm
- Material Agreements
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/0000216085-22-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.