secwatch.observer — SEC 8-K summary
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Issuer:     Hilltop Holdings Inc. (HTH)
CIK:        0001265131
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001104659-25-005652
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hilltop Securities launches $300M senior secured commercial paper program
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- Series 2024-1 CP Notes up to $300M, sold at discount, maturities 14 to 270 days, secured by pledged collateral.
- Net proceeds used for general corporate purposes, including working capital.
- After initial issuance, $175M of Series 2019-1 CP Notes and $34M of Series 2019-2 CP Notes remain outstanding.
- $25M of Series 2024-1 CP Notes outstanding at inception; no further Series 2019-1 issuance planned.
- Each series is secured by separate collateral and is not cross-collateralized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1265131/000110465925005652/0001104659-25-005652-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1265131/000110465925005652/tm254160d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-005652

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