The Eastern Company (EML) filed an 8-K dated October 28, 2025, detailing the execution of a new five-year, $100 million senior secured revolving credit facility with Citizens Bank, N.A. acting as agent. This facility, governed by New York law, matures on October 28, 2030, and includes a $5 million Swing Line Facility, with an option to increase commitments by up to $75 million.
The primary purpose of the new agreement was to repay approximately $64 million outstanding on the prior 2023 Credit Agreement, which was concurrently terminated without incurring early termination penalties. The C
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