---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-009540"
form_type: "8-K"
ticker: "MATX"
cik: "0000003453"
company_name: "Matson, Inc."
filed_at: "2025-07-24T23:59:59+00:00"
generated_at: "2026-05-18T02:44:52.040850+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Matson amends credit facility to $550M, eliminates interest coverage covenant

## Summary
- New $550M credit facility (down from $650M) with 5-year maturity and $300M uncommitted increase option.
- Reduction due to fully-funded Aloha Class vessel build program; next build cycle not until mid-2030s.
- Pricing grid: SOFR + 1.125%-1.75% or base rate + 0.125%-0.75%, tied to leverage ratio.
- Eliminated minimum consolidated interest coverage ratio covenant.
- Also amended two private placement note facilities to eliminate same interest coverage covenant.

## SEC filing metadata
- accession: 0001558370-25-009540
- form_type: 8-K
- ticker: MATX
- cik: 0000003453
- company_name: Matson, Inc.
- filed_at: 2025-07-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3453/000155837025009540/0001558370-25-009540-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3453/000155837025009540/matx-20250723x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-009540
- JSON: https://secwatch.observer/filing/0001558370-25-009540.json
- Plain text: https://secwatch.observer/filing/0001558370-25-009540.txt

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