{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-164405","form_type":"8-K","ticker":"HRTG","cik":"0001598665","company_name":"Heritage Insurance Holdings, Inc.","filed_at":"2025-07-24T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.458890+00:00","generated_at":"2026-05-18T02:21:29.209803+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Heritage Insurance Holdings enters into amended credit agreement increasing facilities to $200 million","bullets":["Senior secured credit facilities increased to $200M aggregate principal from $150M, including $50M revolving credit facility, $75M term loan, and $75M delayed draw term loan.","Revolving facility maturity extended to July 2030 and term loan maturity to July 2030, with reduced interest margins to 2.50%-3.00% for SOFR loans.","Proceeds from the new term loan, along with cash on hand, were used to repay approximately $78 million outstanding under the prior credit agreement.","Amended covenants provide more flexibility, including ability to sell certain real estate assets in Clearwater, Florida."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-164405","json":"https://secwatch.observer/filing/0001193125-25-164405.json","markdown":"https://secwatch.observer/filing/0001193125-25-164405.md","text":"https://secwatch.observer/filing/0001193125-25-164405.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1598665/000119312525164405/0001193125-25-164405-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1598665/000119312525164405/d930483d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-18T02:21:29.209803+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":[{"claim_id":"ae76861951463d83ece7adb80c296502d8edd69b","claim":"Heritage Insurance Holdings, Inc. amended credit facility of aggregate principal amount of up to $200.0 million with Regions Bank at 2.50% to 3.00% per annum for SOFR loans maturing July 2030.","evidence_excerpt":"The Amended and Restated Agreement, among other things, (i) increases the overall size of the senior secured credit facilities to an aggregate principal amount of up to $200.0 million (increased from $150.0 million), consisting of (a) a revolving credit facility that continues to have an aggregate principal amount of up to $50.0 million (inclusive of a $25.0 million sublimit for swingline loans), but with an extended maturity of July 2030 (from July 2026), (b) a term loan facility for an aggregate of $75 million principal amount outstanding as of the date of the Amended and Restated Agreement, with an extended maturity of July 2030 (from July 2026), and (c) a $75 million committed delayed draw term loan that may be advanced to finance specified permitted acquisitions and investments, subject to satisfaction of conditions to borrowing and compliance with a specified consolidated leverage ratio, in up to five separate installments during the two year period following the effective date o","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1598665/000119312525164405/0001193125-25-164405-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"aggregate principal amount of up to $200.0 million"},{"label":"Counterparty","value":"Regions Bank"},{"label":"Rate","value":"2.50% to 3.00% per annum for SOFR loans"},{"label":"Maturity","value":"July 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}