---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-065035"
form_type: "8-K"
ticker: "LMNR"
cik: "0001342423"
company_name: "Limoneira CO"
filed_at: "2025-07-02T23:59:59+00:00"
generated_at: "2026-05-18T09:35:30.675451+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Limoneira enters new $115M credit facility with AgWest Farm Credit, maturing 2030

## Summary
- New $114M revolving and $1M non-revolving credit facilities, maturing July 1, 2030.
- Initial revolving rate 6.600% (SOFR + 2.15%-3.00% margin); non-revolving rate 6.900%.
- Covenants: Minimum Debt Service Coverage Ratio ≥1.00x (FY2025), ≥1.25x thereafter; Total Net Leverage max 6.00x (July 2026) stepping down to 4.50x.
- Facility secured by agricultural properties in Ventura County and other collateral; amends and restates prior March 2024 MLA.
- Proceeds for general business and agricultural purposes; prepayment without penalty permitted.

## SEC filing metadata
- accession: 0001104659-25-065035
- form_type: 8-K
- ticker: LMNR
- cik: 0001342423
- company_name: Limoneira CO
- filed_at: 2025-07-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1342423/000110465925065035/0001104659-25-065035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1342423/000110465925065035/tm2519605d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-065035
- JSON: https://secwatch.observer/filing/0001104659-25-065035.json
- Plain text: https://secwatch.observer/filing/0001104659-25-065035.txt

## Key facts
- Debt Financings
  Limoneira CO incurred credit facility of $115,000,000 comprised of $114,000,000 under the Revolving Credit Supplement and $1,000,000 under the Non-Revolving Cred with AgWest Farm Credit, PCA at initial interest rate in effect under the Revolving Credit Supplement is 6.600% maturing July 1, 2030.
  - Instrument: credit facility
  - Principal: $115,000,000 comprised of $114,000,000 under the Revolving Credit Supplement and $1,000,000 under the Non-Revolving Cred
  - Counterparty: AgWest Farm Credit, PCA
  - Rate: initial interest rate in effect under the Revolving Credit Supplement is 6.600%
  - Maturity: July 1, 2030
  - Event: incurrence
  source text: The MLA amends and restates the Master Loan Agreement between the Company and the Lender, dated March 27, 2024. The Supplements provide aggregate borrowing capacity of $115,000,000 comprised of $114,000,000 under the Revolving Credit Supplement and $1,000,000 under the Non-Revolving Credit Supplement. For amounts outstanding under both Supplements interest
  evidence_url: https://www.sec.gov/Archives/edgar/data/1342423/000110465925065035/0001104659-25-065035-index.htm

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