---
schema_version: "secwatch.filing_event.v1"
accession: "0001606757-24-000002"
form_type: "8-K"
ticker: "KE"
cik: "0001606757"
company_name: "Kimball Electronics, Inc."
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T03:06:59.425570+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Kimball Electronics upsizes revolving credit facility from $50M to $100M, extends maturity to Jan 2025

## Summary
- Borrowing limit increased from $50M to $100M under the 364-day multicurrency revolver.
- Maturity date extended from February 2, 2024 to January 3, 2025.
- Amendment involves lenders JPMorgan Chase, Bank of America, HSBC, and Fifth Third Bank.
- No defaults outstanding; borrower reaffirms all representations and obligations.

## SEC filing metadata
- accession: 0001606757-24-000002
- form_type: 8-K
- ticker: KE
- cik: 0001606757
- company_name: Kimball Electronics, Inc.
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000002/0001606757-24-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000002/ke-20240105.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001606757-24-000002
- JSON: https://secwatch.observer/filing/0001606757-24-000002.json
- Plain text: https://secwatch.observer/filing/0001606757-24-000002.txt

## Key facts
- Debt Financings
  Kimball Electronics, Inc. amended revolving credit of $100 million maturing January 3, 2025.
  - Instrument: revolving credit
  - Principal: $100 million
  - Maturity: January 3, 2025
  - Event: amendment
  source text: the first amendment (1) increases the borrowing limit to $100 million from $50 million and (2) changes the maturity date from February 2, 2024 to January 3, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000002/0001606757-24-000002-index.htm
- Material Agreements
  Kimball Electronics, Inc. amended first amendment with the lenders party thereto, JPMorgan Chase Bank, N. A. as Administrative Agent, and Bank of America, N.A. as Documentation Agent (effective 2024-01-05).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: the lenders party thereto, JPMorgan Chase Bank, N. A. as Administrative Agent, and Bank of America, N.A. as Documentation Agent
  - Effective: 2024-01-05
  source text: On January 5, 2024, Kimball Electronics, Inc. (the “Company”) amended (the “first amendment”) its 364-day multi-currency revolving credit facility agreement (the “secondary credit facility”) dated as of February 3, 2023 among the Company, the lenders party thereto, JPMorgan Chase Bank, N. A. as Administrative Agent, and Bank of America, N.A. as Documentation Agent
  evidence_url: https://www.sec.gov/Archives/edgar/data/1606757/000160675724000002/0001606757-24-000002-index.htm

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