secwatch.observer — SEC 8-K summary
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Issuer:     HALLADOR ENERGY CO (HNRG)
CIK:        0000788965
Form:       8-K
Filed at:   2026-03-10T23:59:59+00:00
Accession:  0001104659-26-025949
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788965/000110465926025949/0001104659-26-025949-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788965/000110465926025949/hnrg-20260305x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-025949

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