EDGAR·FLOW

HACKETT GROUP, INC. — Form 8-K

Filed August 4, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
Hackett Group (public market cap ~$438M) amended and restated its revolving credit facility with Bank of America, extending the maturity date from November 2022 to August 3, 2031—a 9-year extension. The facility maintains a $125M revolving commitment (same as prior) with a $10M letter of credit sublimit and $10M swingline sublimit. Key changes: maturity extension, updated financial covenants (max Consolidated Leverage Ratio of 3.25x for acquisitions), optional Foreign Sub-Facility of up to $45M in alternative currencies, and standard pricing tiers tied to leverage ratio (Term SOFR rate + 137.5–225 bps plus 37.5–125 bps commitment fee depending on leverage).
Why this rating

Routine refinancing. Extension is immaterial relative to firm size (~2.8% of market cap). No new capital raised, same facility size, standard covenant reset.

View original filing on SEC.gov ↗ HCKT · stock on Yahoo Finance ↗

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