Limoneira amends loan covenants with AgWest Farm Credit, relaxes leverage and adds debt-to-capitalization test

Limoneira CO

Modified Minimum Debt Service Coverage Ratio to ≥1.25:1 for FY ending Oct 31, 2027 and thereafter.
Total Net Leverage Ratio set at ≤4.50:1 for fiscal quarter ending Oct 31, 2027 and thereafter; interim step-downs removed.
New Debt to Capitalization Ratio covenant added: ≤0.45:1, measured quarterly from Jan 31, 2026 through Jul 31, 2027.
Modification dated December 12, 2025, effective December 16, 2025.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Limoneira CO amended Modification with AgWest Farm Credit, PCA (effective 2025-12-12).

Action: amendment
Agreement: credit facility
Counterparty: AgWest Farm Credit, PCA
Effective: 2025-12-12

Exact text from the filing

On December 12, 2025, Limoneira Company, a Delaware corporation (the “ Company ”), entered into the Modification (the “ Modification ”) to the Master Loan Agreement (the “ MLA ”), dated June 26, 2025, between the Company and AgWest Farm Credit, PCA.

View on SEC.gov

Browse all material agreements →

Limoneira CO filing history →

Source: SEC EDGAR

accession 0001104659-25-121572

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.