secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000216085-22-000018
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/0000216085-22-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608522000018/hvt8k102722.htm
  HTML page:      https://secwatch.observer/filing/0000216085-22-000018

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