Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
EACO CORP amended credit facility of $20,000,000 with Citizens Business Bank at not less than 4.000% per annum maturing February 15, 2028.
- Instrument
- credit facility
- Principal
- $20,000,000
- Counterparty
- Citizens Business Bank
- Rate
- not less than 4.000% per annum
- Maturity
- February 15, 2028
- Event
- amendment
Exact text from the filing
On February 27, 2026, Bisco Industries, Inc. (“Bisco”), a wholly-owned subsidiary of EACO Corporation (”EACO,” together with Bisco, the “Company”), executed a Change in Terms Agreement dated as of February 15, 2026 (the “Amendment”) with Citizens Business Bank (the “Lender”) in connection with a revolving line of credit (Loan No. 155354101) in the principal amount of $20,000,000.
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
EACO CORP incurred guarantee of up to $20,000,000 with Citizens Business Bank.
- Instrument
- guarantee
- Principal
- up to $20,000,000
- Counterparty
- Citizens Business Bank
- Event
- incurrence
Exact text from the filing
By executing the Commercial Guaranty described above, EACO agrees to guarantee up to $20,000,000 of indebtedness under the revolving line of credit and related loan documents.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
EACO CORP amended Change in Terms Agreement with Citizens Business Bank (effective 2026-02-15).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Citizens Business Bank
- Effective
- 2026-02-15
Exact text from the filing
On February 27, 2026, Bisco Industries, Inc. (“Bisco”), a wholly-owned subsidiary of EACO Corporation (”EACO,” together with Bisco, the “Company”), executed a Change in Terms Agreement dated as of February 15, 2026 (the “Amendment”) with Citizens Business Bank (the “Lender”) in connection with a revolving line of credit (Loan No. 155354101) in the principal amount of $20,000,000.
View on SEC.gov