HF Foods Group Inc. Secures Revolving Credit Agreement of Up to $125 Million

Core Viewpoint - HF Foods Group Inc. has amended its Credit Agreement to enhance financial flexibility, supporting its growth strategy and strategic transformation plan [1][2]. Group 1: Financial Agreement Details - The amended agreement increases HF Foods' aggregate revolving commitment by $25 million, bringing the total to$125 million [1]. - Wells Fargo has been added as an additional lender alongside JPMorgan Chase Bank and Comerica Bank [1][2]. Group 2: Company Overview - HF Foods is a leading distributor of food products to Asian restaurants across the United States, focusing on fresh produce, frozen and dry food, and non-food products [3]. - The company aims to meet the growing demand for Asian American cuisine by leveraging its distribution network and strong relationships with suppliers [3].