{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-22-021140","form_type":"8-K","ticker":"HOV","cik":"0000357294","company_name":"HOVNANIAN ENTERPRISES INC","filed_at":"2022-08-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.802048+00:00","generated_at":"2026-06-23T22:22:21.385856+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Hovnanian extends $125M credit facility maturity to June 2024, switches to SOFR-based floating rate","bullets":["Maturity extended from Dec 28, 2022 to June 30, 2024, reducing near-term refinancing risk.","Fixed 7.75% rate replaced with floating SOFR + 4.50% (floor 1.00%) or ABR + 3.50%.","Unused commitment fee set at 1.00% per annum on undrawn revolving commitments.","Facility size remains $125 million; all lenders consented to the amendment.","Guarantors reaffirmed obligations; collateral continues to secure loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-22-021140","json":"https://secwatch.observer/filing/0001437749-22-021140.json","markdown":"https://secwatch.observer/filing/0001437749-22-021140.md","text":"https://secwatch.observer/filing/0001437749-22-021140.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/357294/000143774922021140/0001437749-22-021140-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/357294/000143774922021140/hov20220818_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T22:22:21.385856+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}