HF Foods Upsizes Term Loans to $125M in JPMorgan-Led Refinancing Deal

HF Foods Group Inc., a leading food processing company, has expanded its asset-based revolving credit facility to $140 million and upsized its term loans to $125 million in a refinancing deal led by JPMorgan Chase.

The Seventh Amendment to HF Foods' credit agreement was signed on July 29, 2026, and the new revolver will mature on July 29, 2031. The term loans, which have been upsized from an undisclosed amount, now carry a maturity date of July 29, 2036.

The refinancing deal, which supports working capital, general corporate uses, and permitted acquisitions, has also given lenders consent to the planned acquisition of Searay Foods. However, if the acquisition does not close within 120 days, about $6.8 million of term debt must be prepaid.