Havertys entered into a sixth amendment to its Amended and Restated Credit Agreement, extending its senior secured asset-based revolving credit facility to June 29, 2031. The amendment increases total commitments from $80 million to $100 million and raises the swingline sublimit to $10 million. The facility, secured by inventory, receivables, cash and certain other assets, remains subject to a borrowing base and outstanding letters of credit. The company expects the changes to enhance liquidity and financial flexibility.
Agreement details:
- Agreement type: Senior secured asset-based revolving credit facility (amendment)
- Counterparty: Truist Bank and other lenders
- Signed / Effective: Jun 29 2026 / same
- Duration / Termination: Until Jun 29 2031
- Reason: Extend maturity and expand liquidity
Original SEC Filing:
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