---
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"
generated_at: "2026-05-18T02:21:29.209803+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Heritage Insurance Holdings enters into amended credit agreement increasing facilities to $200 million

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-164405
- JSON: https://secwatch.observer/filing/0001193125-25-164405.json
- Plain text: https://secwatch.observer/filing/0001193125-25-164405.txt

## Key facts
- Debt Financings
  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.
  - Instrument: credit facility
  - Principal: aggregate principal amount of up to $200.0 million
  - Counterparty: Regions Bank
  - Rate: 2.50% to 3.00% per annum for SOFR loans
  - Maturity: July 2030
  - Event: amendment
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1598665/000119312525164405/0001193125-25-164405-index.htm

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