secwatch.observer — SEC 8-K summary
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Issuer:     HNI CORP (HNI)
CIK:        0000048287
Form:       8-K
Filed at:   2026-06-10T20:51:34+00:00
Accession:  0000950103-26-008782
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI refinances $498.75M term loans with new 2032 tranche under amended credit agreement
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- New $498.75M Replacement Term Loans mature in 2032; proceeds refinance all outstanding Initial Tranche B Term Loans.
- Amortization rate of 1.00% per annum, first installment due September 30, 2026.
- Interest rate spread: 1.75% for SOFR Loans, 0.75% for Alternate Base Rate Loans.
- Amendment No. 3 executed June 10, 2026; Wells Fargo acts as additional term lender.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/48287/000095010326008782/0000950103-26-008782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/48287/000095010326008782/dp248223_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-26-008782

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