secwatch.observer — SEC 8-K summary
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Issuer:     LSI INDUSTRIES INC (LYTS)
CIK:        0000763532
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001437749-25-033146
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

LSI Industries amends credit facility: revolver increased to $125M, term loan terminated, maturity extended to FY2031
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- Revolver increased from $75M to $125M; $73M available as of Sept 30, 2025.
- $25M term loan terminated; pricing at SOFR + 100-225 bps, currently 5.5%.
- Maturity extended to first quarter of fiscal 2031; unused fee 15-25 bps.
- Financial covenant requires leverage ratio ≤ 3.00x; interest coverage minimum.
- Amendment allows acquisitions with cash without further lender consent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763532/000143774925033146/0001437749-25-033146-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763532/000143774925033146/lyts20251029_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-033146

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