---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-025949"
form_type: "8-K"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2026-03-10T23:59:59+00:00"
generated_at: "2026-05-15T17:20:22.409272+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hallador closes $120M senior secured credit facilities, replacing PNC facility

## Summary
- New facilities: $75M revolver and $45M delayed draw term loan, maturing Mar 5, 2029.
- Revolver includes $25M LC subfacility, $10M swingline, and up to $25M accordion.
- Proceeds to refinance prior PNC facility and provide working capital; prior facility terminated Mar 5, 2026.
- Texas Capital Bank is administrative agent; Old National Bank and First Financial Bank also participate.
- Management cites improved debt maturity profile and enhanced liquidity.

## SEC filing metadata
- accession: 0001104659-26-025949
- form_type: 8-K
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2026-03-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000110465926025949/0001104659-26-025949-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000110465926025949/hnrg-20260305x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-025949
- JSON: https://secwatch.observer/filing/0001104659-26-025949.json
- Plain text: https://secwatch.observer/filing/0001104659-26-025949.txt

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