secwatch.observer — SEC 8-K summary
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Issuer:     HARMONIC INC. (HLIT)
CIK:        0000851310
Form:       8-K
Filed at:   2024-12-26T23:59:59+00:00
Accession:  0000851310-24-000103
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harmonic expands credit facility by $40M to $200M total capacity
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- Third Amendment adds $40M revolving commitments; total facility now $160M revolver plus $40M term loan = $200M.
- As of Dec 23, 2024, $75M revolver, $39.5M term loans, and ~$2.9M letters of credit were outstanding.
- Incremental lenders: Citibank ($12.5M), Wells Fargo ($8.75M), JPMorgan ($8.75M), MUFG ($5M), HSBC ($5M).
- Amendment dated December 23, 2024; prior credit agreement details incorporated by reference from Dec 21, 2023 8-K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000103/0000851310-24-000103-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851310/000085131024000103/hlit-20241223.htm
  HTML page:      https://secwatch.observer/filing/0000851310-24-000103

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