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AI brief of an SEC Form 8-K · Harmonic (HLIT)

Harmonic adds $40.0 million in credit commitments, total facility up to $200.0 million

Neutral Impact 3 of 5 financing Written later

Harmonic Inc. signed a Third Amendment to its credit agreement on December 23, 2024, adding $40.0 million of revolving credit commitments under the existing facility. As of December 23, 2024, the company had $75 million of revolving loans and $39.5 million of term loans outstanding, so the amendment expands the company's borrowing capacity.

Key points

  • Incremental revolving commitments of up to $40.0 million added under the existing Credit Agreement dated December 21, 2023
  • Total facility now provides loans of up to $200.0 million: $160.0 million revolving and $40.0 million term loan
  • As of December 23, 2024: $75 million revolving loans, $39.5 million term loans and about $2.9 million letters of credit outstanding

The filing

CompanyHarmonic (HLIT)
Form8-K, current report
Filed with the SECDec 26, 2024, 4:19 PM ET
Accession number0000851310-24-000103

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 26, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.