---
schema_version: "secwatch.filing_event.v1"
accession: "0001709164-22-000055"
form_type: "8-K"
ticker: "HBB"
cik: "0001709164"
company_name: "Hamilton Beach Brands Holding Co"
filed_at: "2022-11-15T23:59:59+00:00"
generated_at: "2026-06-21T18:37:54.567352+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Hamilton Beach obtains lender consent for $1.5M dividend, amends credit agreement conditions

## Summary
- Consent allows one-time cash dividend of $1.5M from HBB to parent, subject to excess availability ≥$15M and no default.
- Dividend payment must occur by December 16, 2022.
- Suppressed availability included in cash dominion calculations during Nov 15–Dec 30, 2022.
- Consent fee of $85,500 paid to Wells Fargo and other lenders.
- No other amendments to the credit agreement; representations and warranties reaffirmed.

## SEC filing metadata
- accession: 0001709164-22-000055
- form_type: 8-K
- ticker: HBB
- cik: 0001709164
- company_name: Hamilton Beach Brands Holding Co
- filed_at: 2022-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1709164/000170916422000055/0001709164-22-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1709164/000170916422000055/hbb-20221115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001709164-22-000055
- JSON: https://secwatch.observer/filing/0001709164-22-000055.json
- Plain text: https://secwatch.observer/filing/0001709164-22-000055.txt

## Key facts
- Material Agreements
  Hamilton Beach Brands Holding Co amended Consent with Wells Fargo Bank, National Association, as Administrative Agent, the Lenders that are Parties thereto as the Lenders (effective 2022-11-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent, the Lenders that are Parties thereto as the Lenders
  - Effective: 2022-11-15
  source text: On November 15, 2022, Hamilton Beach Brands, Inc. (“HBB”) entered into that certain Consent regarding the Amended and Restated Credit Agreement by and among Wells Fargo Bank, National Association, as Administrative Agent, the Lenders that are Parties thereto as the Lenders, Hamilton Beach Brands, Inc., as Parent and U.S. Borrower, and Hamilton Beach Brands Canada, Inc., as Canadian Borrower (the “Consent”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1709164/000170916422000055/0001709164-22-000055-index.htm

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