---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-077641"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:19:29.224590+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Helios Technologies upsizes credit facility to $800M, reduces spreads, extends maturity to 2029

## Summary
- Revolving credit facility increased from $400M to $500M; new $300M term loan refinances prior debt.
- Accordion feature raised by $100M to $400M; total commitments capped at $1.2B.
- Maturity extended five years to June 25, 2029; borrowing spreads reduced 25–50 bps.
- Quarterly term loan amortization starts at $3.75M, rising to $7.5M in 2028; covenants: max leverage 3.75x, min interest coverage 3.00x.
- PNC Bank serves as administrative agent; LIBOR-to-SOFR transition spread of 10 bps eliminated.

## SEC filing metadata
- accession: 0000950170-24-077641
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024795/000095017024077641/0000950170-24-077641-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017024077641/hlio-20240625.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-077641
- JSON: https://secwatch.observer/filing/0000950170-24-077641.json
- Plain text: https://secwatch.observer/filing/0000950170-24-077641.txt

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