secwatch.observer — SEC 8-K summary
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Issuer:     FARMER BROTHERS CO (FARM)
CIK:        0000034563
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001140361-23-056678
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Bros. Co. amends credit agreement, consents to prior and future real property sales, reduces sale basket to $2.5M
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- Consented to prior sales of 7 real properties across AZ, CA, TX, UT, and WA.
- Consented to future sales of 8 specified real properties within 18 months, subject to conditions.
- Reduced general basket for real property sales from $15M to $2.5M under the credit agreement.
- Released security interests on properties in Thousand Palms, CA and Oklahoma City, OK.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34563/000114036123056678/0001140361-23-056678-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34563/000114036123056678/ef20016307_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-056678

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