---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-138164"
form_type: "8-K"
ticker: "AVO"
cik: "0001802974"
company_name: "Mission Produce, Inc."
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T08:00:05.753917+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Mission Produce enters $550M credit agreement to fund Calavo acquisition

## Summary
- $550M senior secured credit facility: $200M revolver, $200M Term A-1, $150M Term A-2.
- $50M drawn on each term loan at closing; remainder to fund acquisition of Calavo Growers.
- Revolving facility and Term A-1 mature April 1, 2031; Term A-2 matures April 1, 2033.
- Interest rates based on leverage ratio; initial pricing at Tier IV (lowest) until post-acquisition.
- Covenants: max total net leverage ratio 3.50x, min fixed charge coverage 1.25x.

## SEC filing metadata
- accession: 0001193125-26-138164
- form_type: 8-K
- ticker: AVO
- cik: 0001802974
- company_name: Mission Produce, Inc.
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1802974/000119312526138164/0001193125-26-138164-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1802974/000119312526138164/d278137d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-138164
- JSON: https://secwatch.observer/filing/0001193125-26-138164.json
- Plain text: https://secwatch.observer/filing/0001193125-26-138164.txt

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