HNI Corporation Form 8-K Summary (11/05/2025)

HNI Corporation (HNI) filed an 8-K disclosing a material change to its financing arrangements.

Key Event: Credit Agreement Amendment

• The Company entered into Amendment No. 1 to its Credit Agreement with Wells Fargo Bank, N.A. (Administrative Agent).
• This amendment modifies the threshold for the customary springing maturity dates across its revolving, term loan A, and term loan B facilities.
• New Threshold: $105,000,000.

This action adjusts critical covenants related to the timing of debt obligations, approved by all