{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-23-021713","form_type":"8-K","ticker":"HNRG","cik":"0000788965","company_name":"HALLADOR ENERGY CO","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.654409+00:00","generated_at":"2026-06-12T10:17:16.988632+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hallador Enters $140M Credit Facility Through 2026; Liquidity Increases to $56.9M","bullets":["Converts $65M of funded debt into term loan maturing March 31, 2026; adds $75M revolver maturing July 31, 2026.","Interest rate: SOFR plus 4.00%-5.00% based on leverage ratio; max leverage 2.25x, debt service coverage 1.25x.","Maximum annual capex raised to $100M; permitted capital leases up to $25M; unsecured debt issuance up to $50M.","CEO Brent Bilsland says facility provides increased liquidity and flexibility for future power sales and profits."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-23-021713","json":"https://secwatch.observer/filing/0001437749-23-021713.json","markdown":"https://secwatch.observer/filing/0001437749-23-021713.md","text":"https://secwatch.observer/filing/0001437749-23-021713.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/788965/000143774923021713/0001437749-23-021713-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/788965/000143774923021713/hnrg20201221_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T10:17:16.988632+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":"23b1dc739d8a7bd13d8a1e0c8e70f582a5d33e95","claim":"HALLADOR ENERGY CO incurred revolving credit of $75 million with PNC Bank National Association at SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio maturing July 31, 2026.","evidence_excerpt":"On August 2, 2023, Hallador Energy Company (the \"Company\") executed an amendment to its credit agreement with PNC Bank National Association, as administrative agent for its lenders. The primary purpose of this amendment was to (i) convert $65 million of the outstanding funded debt into a new term loan with a maturity of March 31, 2026, and (ii) enter into a revolver of $75 million with a maturity of July 31, 2026.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/788965/000143774923021713/0001437749-23-021713-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"PNC Bank National Association"},{"label":"Rate","value":"SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio"},{"label":"Maturity","value":"July 31, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"6786a461c0c818efecca13acaf657503503d9296","claim":"HALLADOR ENERGY CO incurred term loan of $65 million with PNC Bank National Association at SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio maturing March 31, 2026.","evidence_excerpt":"convert $65 million of the outstanding funded debt into a new term loan with a maturity of March 31, 2026","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/788965/000143774923021713/0001437749-23-021713-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$65 million"},{"label":"Counterparty","value":"PNC Bank National Association"},{"label":"Rate","value":"SOFR plus 4.00% to SOFR plus 5.00%, depending on the leverage ratio"},{"label":"Maturity","value":"March 31, 2026"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}