---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-22-000044"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T20:01:39.010976+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# NACCO subsidiary amends $150M credit facility with ESG pricing tied to MSHA safety targets

## Summary
- The North American Coal entered ESG Amendment to $150M secured revolving credit facility on June 30, 2022.
- Pricing adjustments based on achieving MSHA Injury-Incident Rate below industry average.
- If target met, letter of credit fee drops 2.5 bps, base rate spread 2.5 bps, LIBOR spread 2.5 bps, commitment fee 1 bp.
- Other terms of the facility remain unchanged; amendment incorporates ESG pricing provisions.

## SEC filing metadata
- accession: 0000789933-22-000044
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993322000044/0000789933-22-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993322000044/nacco-20220630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-22-000044
- JSON: https://secwatch.observer/filing/0000789933-22-000044.json
- Plain text: https://secwatch.observer/filing/0000789933-22-000044.txt

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