---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-030649"
form_type: "8-K"
ticker: "HNRG"
cik: "0000788965"
company_name: "HALLADOR ENERGY CO"
filed_at: "2024-10-03T23:59:59+00:00"
generated_at: "2026-05-30T21:54:22.010423+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hallador Energy amends credit agreement to allow forward PPAs; revises financial covenants

## Summary
- Debt service coverage test deferred to June 30, 2025; max leverage 5.50x through Mar 2025, then 2.25x.
- Minimum liquidity of $10M and min consolidated EBITDA of $5M for next three quarters.
- Mandatory prepayment of term loans up to $20M upon receipt of Eligible PPA payments.
- Amendment supports pursuit of data center power purchase agreements targeted by company RFP.

## SEC filing metadata
- accession: 0001437749-24-030649
- form_type: 8-K
- ticker: HNRG
- cik: 0000788965
- company_name: HALLADOR ENERGY CO
- filed_at: 2024-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788965/000143774924030649/0001437749-24-030649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788965/000143774924030649/hnrg20240930_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-030649
- JSON: https://secwatch.observer/filing/0001437749-24-030649.json
- Plain text: https://secwatch.observer/filing/0001437749-24-030649.txt

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