{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-24-001191","form_type":"8-K","ticker":"HOFT","cik":"0001077688","company_name":"HOOKER FURNISHINGS Corp","filed_at":"2024-12-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:07.595217+00:00","generated_at":"2026-05-29T06:08:10.779577+00:00","sec_items":["2.03","1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Hooker Furnishings enters into $70 million amended credit facility with Bank of America, maturing 2029","bullets":["Amended and restated loan agreement on Dec 5, 2024, provides revolving credit facility up to $70 million, with option to increase by $30 million.","Outstanding $21.7 million loans and $6.7 million letters of credit from prior facility continue under new terms.","Interest rate is Term SOFR plus 1.75% per annum; maturity date December 5, 2029.","Facility is secured by substantially all assets of borrower and subsidiaries; financial covenant requires EBITDA/debt service ratio >=1.0 if availability falls below 10%.","Borrowing base includes accounts receivable, inventory, life insurance cash value; initial availability $41.1 million after fees."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-24-001191","json":"https://secwatch.observer/filing/0001185185-24-001191.json","markdown":"https://secwatch.observer/filing/0001185185-24-001191.md","text":"https://secwatch.observer/filing/0001185185-24-001191.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1077688/000118518524001191/0001185185-24-001191-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1077688/000118518524001191/hoft20241206_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-29T06:08:10.779577+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}