secwatch / observer
8-K filed March 10, 2026, 7:59 PM ET ticker HNRG CIK 0000788965
debt confidence high sentiment positive materiality 0.60

HALLADOR ENERGY CO (HNRG): debt financing — Hallador closes $120M senior secured credit facilities, replacing PNC facility

HALLADOR ENERGY CO

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

HALLADOR ENERGY CO incurred credit facility of $75 million senior secured revolving credit facility and $45 million senior secured term loan facility with Texas Capital Bank, as administrative agent at Base Rate or Term SOFR rate, plus an applicable margin based upon the Company’s maturing March 5, 2029.

Instrument
credit facility
Principal
$75 million senior secured revolving credit facility and $45 million senior secured term loan facility
Counterparty
Texas Capital Bank, as administrative agent
Rate
Base Rate or Term SOFR rate, plus an applicable margin based upon the Company’s
Maturity
March 5, 2029
Event
incurrence
Exact text from the filing
the Company obtained (i) a $75 million senior secured revolving credit facility (the “Revolving Credit Facility”) and (ii) a $45 million senior secured term loan facility
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

HALLADOR ENERGY CO entered into Credit Agreement with Texas Capital Bank valued at $75 million senior secured revolving credit facility and $45 million senior secured term loan facili (effective 2026-03-05).

Action
entry
Agreement
credit facility
Counterparty
Texas Capital Bank
Value
$75 million senior secured revolving credit facility and $45 million senior secured term loan facili
Effective
2026-03-05
Exact text from the filing
On March 5, 2026, Hallador Energy Company (the “Company”) entered into a Credit Agreement (the “Credit Agreement”), among the Company, Texas Capital Bank, as administrative agent (the “Agent”), swingline lender and letter of credit issuer, Old National Bank, as joint lead arranger and letter of credit issuer, First Financial Bank, N.A., as lender, each other lender from time to time party thereto, and each other letter of credit issuer from time to time party thereto, pursuant to which the Company obtained (i) a $75 million senior secured revolving credit facility (the “Revolving Credit Facility”) and (ii) a $45 million senior secured term loan facility (the “Delayed Draw Term Loan Facility” and, together with the Revolving Credit Facilities, the “Facilities”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

HALLADOR ENERGY CO terminated Existing Credit Agreement with PNC Bank, National Association with PNC Bank, National Association valued at Termination effective March 5, 2026; no termination penalties (effective 2026-03-05).

Action
termination
Agreement
credit facility
Counterparty
PNC Bank, National Association
Value
Termination effective March 5, 2026; no termination penalties
Effective
2026-03-05
Exact text from the filing
In connection with the Company’s entry into the Credit Agreement, on March 4, 2026, the Company delivered written notice to PNC Bank, National Association to terminate the Company’s Existing Credit Agreement, effective as of March 5, 2026.
View on SEC.gov

102 debt financings filed in the last 30 days. Browse all debt financings →

HALLADOR ENERGY CO filing history →

Source: SEC EDGAR
accession 0001104659-26-025949
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