8-K - HF Foods Group Inc. | StockGist

AI Analysis

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HF Foods Group Inc. extended the maturity of its $125 million asset-secured revolving credit facility to March 31, 2031 and added HF Atlanta, LLC as a new borrower via Joinder and Amendment No. 5.

Key Takeaways

1Entered Joinder and Amendment No. 5 to Third Amended and Restated Credit Agreement on March 30, 2026.

2Extended revolving credit facility maturity to earliest of March 31, 2031 or certain conditions.

3Amended interest rates to 1-month SOFR plus fixed spread based on daily Availability.

4Added HF Atlanta, LLC as new Working Capital Borrower and loan party.

5Facility size remains $125 million asset-secured revolving credit.

6Lenders include JPMorgan Chase Bank, N.A. (Administrative Agent), Wells Fargo Bank, N.A., and Fifth Third Bank, N.A.

Current Report Details

Event Type

Material Agreement

Financing

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

above, which is incorporated by reference herein. Item 9.01. Financial Statements and Exhibits (d) Exhibits. Exhibit No.: 10.1 | Description: Joinder and Amendm

Material Agreement

Source Document

2.03

. Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. The information required by Item 2.03 is se

Financing

Transaction Details

Material Agreement

Agreement: Joinder and Amendment No. 5 to the Third Amended and Restated Credit Agreement
Parties: HF Foods Group Inc., B&R Global Holdings, Inc., certain wholly-owned subsidiaries and affiliates (Borrowers), certain material subsidiaries (guarantors), JPMorgan Chase Bank, N.A. (Administrative Agent), certain lenders including Wells Fargo Bank, N.A. and Fifth Third Bank, N.A., HF Atlanta, LLC (new loan party)

•Extends maturity date of $125 million asset-secured revolving credit facility to the earlier of March 31, 2031 or certain other dates subject to conditions
•Amends interest rates to be based upon the 1 month SOFR plus a fixed spread based upon the daily Availability of the Aggregate Revolving Commitment
•Adds HF Atlanta, LLC as a new loan party

Debt / Financing

Instrument: asset-secured revolving credit facility
Principal: 125000000
Rate: 1 month SOFR plus a fixed spread based upon the daily Availability of the Aggregate Revolving Commitment
Maturity: earlier of March 31, 2031 or certain other dates subject to conditions

Exhibits (2)

10.1

EX-10.1

8-K