Financing ·
On July 29, 2026, HF Foods Group Inc. entered into the Seventh Amendment to its credit agreement with JPMorgan Chase…
HFFGHF Foods Group Inc.
On July 29, 2026, HF Foods Group Inc. entered into the Seventh Amendment to its credit agreement with JPMorgan Chase Bank and other lenders. The amendment increases the asset-based revolving facility commitments from $125 million to $140 million and refinances existing term loans while funding an additional advance of approximately $40.1 million, resulting in total term loan principal of $125 million. Wells Fargo Bank ceased as a lender. The revolving facility matures on July 29, 2031, and term loans mature on July 29, 2036. The transaction facilitates the company's planned acquisition of Searay Foods Inc., which must close within 120 days or trigger a $6.8 million prepayment requirement. HF Foods Group Inc. operates in the food manufacturing industry, specializing in the production and distribution of frozen foods.