secwatch.observer — SEC 8-K summary
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Issuer:     EASTERN CO (EML)
CIK:        0000031107
Form:       8-K
Filed at:   2025-04-09T23:59:59+00:00
Accession:  0001654954-25-004078
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eastern Company amends credit agreement, ups revolving commitment to $50M
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- Revolving commitment increased to $50M from $30M; incremental commitments reduced to $55M from $75M.
- General investments basket raised to $25M from $10M, subject to gross leverage ratio and business-type limits.
- Capital lease indebtedness basket raised to $15M from $10M.
- Amendment dated April 4, 2025, with TD Bank as administrative agent and lenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/31107/000165495425004078/0001654954-25-004078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/31107/000165495425004078/eml_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-004078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer