secwatch.observer — SEC 8-K summary
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Issuer:     HARTE HANKS INC (HHS)
CIK:        0000045919
Form:       8-K
Filed at:   2021-12-21T23:59:59+00:00
Accession:  0001437749-21-029037
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harte Hanks enters $25M revolving credit facility with Texas Capital Bank; matures 2024
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- New three-year asset-based revolving credit facility of up to $25M, secured by substantially all assets.
- Interest at Bloomberg Short-Term Bank Yield Index Rate plus 2.25% per annum; maturity December 21, 2024.
- Proceeds to be used for working capital, repaying existing debt, and growth investments.
- Old $13.1M credit facility terminated; $8.1M paid down with cash; $5M rolled into new facility.
- No third-party guarantee required, reflecting improved financial position per CEO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45919/000143774921029037/0001437749-21-029037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45919/000143774921029037/hrth20211220_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-21-029037

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