secwatch.observer — SEC 8-K summary
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Issuer:     KFORCE INC (KFRC)
CIK:        0000930420
Form:       8-K
Filed at:   2021-10-22T23:59:59+00:00
Accession:  0000930420-21-000269
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kforce enters $200M credit facility maturing 2026, replaces 2017 agreement
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- New $200M revolving credit facility matures October 20, 2026; replaces 2017 agreement.
- Borrowing capacity may increase up to $150M (total $350M) subject to lender conditions.
- Interest rates: Base Rate + 0.125%–0.500% or LIBOR + 1.125%–1.500% based on leverage.
- Financial covenants: fixed charge coverage ≥1.25x, total leverage ≤3.50x; initial commitment fee 0.200% on unused portion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/930420/000093042021000269/0000930420-21-000269-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/930420/000093042021000269/kfrc-20211020.htm
  HTML page:      https://secwatch.observer/filing/0000930420-21-000269

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