---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-235000"
form_type: "8-K"
ticker: "HRTG"
cik: "0001598665"
company_name: "Heritage Insurance Holdings, Inc."
filed_at: "2021-08-03T23:59:59+00:00"
generated_at: "2026-06-29T23:21:59.682258+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Heritage Insurance amends credit agreement: revolver raised to $75M, term loan maturity extended to 2026

## Summary
- Revolver increased from $50M to $75M; additional $13.75M term loan advance brings total term debt to $70M.
- Term loan maturity extended from Dec 2023 to July 2026; amortization reduced.
- Interest rate margins reduced: LIBOR loans now 2.5%-3.0% (previously 3.25%-3.75%); base rate 1.5%-2.0%.
- Net proceeds used to repay ~$10M revolver balance and for general corporate purposes.
- Negative covenants relaxed, providing more flexibility for the company.

## SEC filing metadata
- accession: 0001193125-21-235000
- form_type: 8-K
- ticker: HRTG
- cik: 0001598665
- company_name: Heritage Insurance Holdings, Inc.
- filed_at: 2021-08-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598665/000119312521235000/0001193125-21-235000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598665/000119312521235000/d122540d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-235000
- JSON: https://secwatch.observer/filing/0001193125-21-235000.json
- Plain text: https://secwatch.observer/filing/0001193125-21-235000.txt

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