---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-038852"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:11:10.933652+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Maui Land & Pineapple increases credit facility to $25M, extends to 2030

## Summary
- Credit facility expanded from $15M to $25M, maturity extended to Dec 31, 2030.
- Interest on revolving borrowings is prime rate minus 1.125 percentage points.
- Revolving loans can convert to term loans up to 10 years, extending to 2040.
- $3.0M outstanding as of Dec 22, 2025; three Kapalua Resort properties remain pledged as collateral.
- CFO Wade Kodama said the expanded facility will support capital deployment for sustainable growth.

## SEC filing metadata
- accession: 0001437749-25-038852
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774925038852/0001437749-25-038852-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774925038852/mlp20251226_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-038852
- JSON: https://secwatch.observer/filing/0001437749-25-038852.json
- Plain text: https://secwatch.observer/filing/0001437749-25-038852.txt

## Key facts
- Material Agreements
  MAUI LAND & PINEAPPLE CO INC amended Third Amended and Restated Credit Agreement with First Hawaiian Bank valued at $25.0 million (effective 2025-12-22).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: First Hawaiian Bank
  - Value: $25.0 million
  - Effective: 2025-12-22
  source text: On December 22, 2025, Maui Land & Pineapple Company, Inc. (“ Company ”) executed a Sixth Loan Modification Agreement, Third Amended and Restated Credit Agreement, and Second Amended and Restated Note (“ Agreements ”) with First Hawaiian Bank (“ Bank ”) to be effective December 22, 2025. The Agreements amend the Company’s previous $15.0 million, four-year revolving line of credit facility (“ Credit Facility ”) with the Bank to a $25.0 million, five-year revolving Credit Facility.
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774925038852/0001437749-25-038852-index.htm

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