{"schema_version":"secwatch.filing_event.v1","accession":"0000950103-25-011326","form_type":"8-K","ticker":"HNI","cik":"0000048287","company_name":"HNI CORP","filed_at":"2025-09-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.113515+00:00","generated_at":"2026-05-17T08:09:36.567013+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"HNI signs $1.725B credit facility to fund Steelcase acquisition","bullets":["Credit facility includes $425M revolver, $500M term loan A, and up to $800M term loan B.","Proceeds to finance a portion of the Steelcase merger consideration, refinance existing debt, and pay fees.","Revolver and TLA mature 5 years post-closing; TLB matures 7 years post-closing with quarterly amortization.","Interest on TLA/revolver priced at SOFR + 1.25%-1.875% or base rate + 0.25%-0.875%.","TLA requires quarterly amortization starting at 2.5% p.a. in year one, increasing to 10% in year five."],"urls":{"canonical":"https://secwatch.observer/filing/0000950103-25-011326","json":"https://secwatch.observer/filing/0000950103-25-011326.json","markdown":"https://secwatch.observer/filing/0000950103-25-011326.md","text":"https://secwatch.observer/filing/0000950103-25-011326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/48287/000095010325011326/0000950103-25-011326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/48287/000095010325011326/dp233731_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T08:09:36.567013+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}