---
schema_version: "secwatch.filing_event.v1"
accession: "0001814974-21-000051"
form_type: "8-K"
ticker: "BBXIB"
cik: "0001814974"
company_name: "BBX Capital, Inc."
filed_at: "2021-07-19T23:59:59+00:00"
generated_at: "2026-06-30T04:34:57.819642+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# BBX Capital's Renin subsidiary amends TD Bank credit facility, boosts operating loan to $24M through Dec 2021

## Summary
- Operating loan limit increased from $20M to $24M through Dec 31, 2021; reverts to $20M thereafter.
- Maximum total leverage ratio temporarily raised to 4.25x through Dec 2021, stepping down to 3.00x by July 2022.
- Renin prohibited from making distributions to BBX Capital until July 1, 2022; then allowed if leverage <2.75x and no default.
- One-time administration fee of $15,000 paid by Renin to TD Bank.
- Amendment executed July 13, 2021; all other terms of original credit agreement unchanged.

## SEC filing metadata
- accession: 0001814974-21-000051
- form_type: 8-K
- ticker: BBXIB
- cik: 0001814974
- company_name: BBX Capital, Inc.
- filed_at: 2021-07-19T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814974/000181497421000051/0001814974-21-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814974/000181497421000051/c974-20210719x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814974-21-000051
- JSON: https://secwatch.observer/filing/0001814974-21-000051.json
- Plain text: https://secwatch.observer/filing/0001814974-21-000051.txt

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