---
schema_version: "secwatch.filing_event.v1"
accession: "0001709164-21-000043"
form_type: "8-K"
ticker: "HBB"
cik: "0001709164"
company_name: "Hamilton Beach Brands Holding Co"
filed_at: "2021-09-22T23:59:59+00:00"
generated_at: "2026-06-29T02:05:43.198947+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Hamilton Beach Brands increases credit facility to $150M from $125M, eases dividend restrictions

## Summary
- Amended credit agreement with Wells Fargo, raising total facility from $125M to $150M.
- Dividend cap to parent: no more than $6M/year if excess availability ≥ $18M (was $15M).
- Discretionary dividends allowed if excess availability ≥ $30M (was $25M).
- Pricing grid and eligible inventory borrowing base adjusted; LIBOR transition provisions added.

## SEC filing metadata
- accession: 0001709164-21-000043
- form_type: 8-K
- ticker: HBB
- cik: 0001709164
- company_name: Hamilton Beach Brands Holding Co
- filed_at: 2021-09-22T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709164/000170916421000043/0001709164-21-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709164/000170916421000043/hbb-20210917.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709164-21-000043
- JSON: https://secwatch.observer/filing/0001709164-21-000043.json
- Plain text: https://secwatch.observer/filing/0001709164-21-000043.txt

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