secwatch.observer — SEC 8-K summary
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Issuer:     Legacy Housing Corp (LEGH)
CIK:        0001436208
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001558370-23-012792
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Legacy Housing enters $50M credit facility with Prosperity Bank, terminates Capital One deal
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- New $50M credit facility with Prosperity Bank, including $25M accordion feature.
- Prior credit agreement with Capital One terminated simultaneously.
- Facility dated July 28, 2023; no financial terms beyond facility size disclosed.
- The credit agreement includes revolving commitments and standard covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/0001558370-23-012792-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436208/000155837023012792/legh-20230728x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-012792

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