---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-011930"
form_type: "8-K"
ticker: "HL"
cik: "0000719413"
company_name: "HECLA MINING CO/DE/"
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:44:14.869648+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Hecla completes $263M 7.25% senior note redemption, achieves debt-free balance sheet

## Summary
- Redeemed remaining $263M 7.25% Senior Notes due 2028 using proceeds from Casa Berardi sale and cash on hand.
- Eliminates all outstanding debt, creating an unencumbered balance sheet with full capital flexibility.
- CEO Krcmarov says milestone enables disciplined pursuit of strategic growth from position of financial strength.
- Redemption terminates the indenture and related supplemental indentures.

## SEC filing metadata
- accession: 0001437749-26-011930
- form_type: 8-K
- ticker: HL
- cik: 0000719413
- company_name: HECLA MINING CO/DE/
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.02, 2.04, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/719413/000143774926011930/0001437749-26-011930-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/719413/000143774926011930/hl20260409_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-011930
- JSON: https://secwatch.observer/filing/0001437749-26-011930.json
- Plain text: https://secwatch.observer/filing/0001437749-26-011930.txt

## Key facts
- Debt Financings
  HECLA MINING CO/DE/ faced acceleration on senior notes of $263 million at 7.25% maturing due 2028.
  - Instrument: senior notes
  - Principal: $263 million
  - Rate: 7.25%
  - Maturity: due 2028
  - Event: acceleration
  source text: IDAHO – April 9, 2026 - Hecla Mining Company (NYSE:HL) ("Hecla", or the "Company") is pleased to announce today that it has completed the full redemption of its remaining $263 million 7.25% Senior Notes (“Notes”) due 2028, completing a significant milestone in the Company’s balance sheet transformation. Full redemption of senior notes enhances Hecla’s
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000143774926011930/0001437749-26-011930-index.htm
- Material Agreements
  HECLA MINING CO/DE/ terminated a notes offering with The Bank of New York Mellon Trust Company, N.A. valued at $263 million 7.25% Senior Notes (effective 2026-04-09).
  - Action: termination
  - Agreement: notes offering
  - Counterparty: The Bank of New York Mellon Trust Company, N.A.
  - Value: $263 million 7.25% Senior Notes
  - Effective: 2026-04-09
  source text: On April 9, 2026, Hecla Mining Company (the “Company”) announced it had completed the redemption of its remaining $263 million 7.25% Senior Notes (“Notes”) due in 2028. The full redemption of the Notes terminates the (i) Indenture, dated February 19, 2020, by and among Hecla Mining Company and The Bank of New York Mellon Trust Company, N.A., as trustee (“Indenture”), (ii) First Supplemental Indenture, dated February 19, 2020, and (iii) Second Supplemental Indenture, dated February 6, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/719413/000143774926011930/0001437749-26-011930-index.htm

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