secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2025-12-16T23:59:59+00:00
Accession:  0001104659-25-121572
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925121572/0001104659-25-121572-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465925121572/tm2533597d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-121572

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