HFFG · HF Foods Group Inc.

HF Foods Group Inc. secured a significant extension of its core revolving credit facility through the Fifth Amendment executed on March 30, 2026, pushing the maturity out to March 31, 2031, nearly five years from the prior schedule. This provides extended liquidity access to the $125 million asset-secured revolver, critical for working capital needs in the company's food distribution operations across multiple subsidiaries. The interest rate structure was modernized to 1-month SOFR plus a spread tied to availability, replacing legacy benchmarks and aligning with current market standards while introducing performance-based pricing. Adding HF Atlanta, LLC as a new borrower expands the facility's scope to cover an additional Georgia-based subsidiary formed by B&R Global Holdings, Inc., enhancing operational flexibility without increasing the commitment size. The amendment was supported by key lenders including JPMorgan as agent, Wells Fargo, and Fifth Third, with no material relationships beyond standard banking services noted. Effectiveness required no defaults, execution by all parties, and payment of fees, reaffirming the company's compliance standing. This transaction underscores lender confidence in HF Foods' credit profile and supports sustained growth initiatives through improved long-term financing terms.