Item 1.01 Entry into a Material Definitive Agreement
On September 21, 2021, Kimball International, Inc. (the "Company") entered into
a Second Amendment to Credit Agreement among the Company, the lender parties
thereto, JP Morgan Chase Bank, National Association, as administrative agent
("Administrative Agent"), and the guarantors named therein (the "Credit
Agreement"). The Credit Agreement amends the Amended and Restated Credit
Agreement, dated as of October 24, 2019, by and among the Company, the lender
parties thereto, the Administrative Agent, and the guarantors named thereon (the
"Base Agreement"). The Credit Agreement provides, among other items, for
amendments to the Base Agreement (a) to facilitate a transition to a base
interest rate index other than the London Interbank Offered Rate ("LIBOR"), and
(b) to define the provisions by which an overpayment or erroneous payment may be
requested and returned to the Company through the Administrative Agent. The
Credit Agreement retains a maturity date of October 24, 2024.
The foregoing description of the Credit Agreement and the transactions
contemplated thereby does not purport to be complete and is qualified in its
entirety by reference to the full text of the Credit Agreement, a copy of which
is attached hereto as Exhibit 10.1 and is incorporated herein by reference.


Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an
Off-Balance Sheet Arrangement of a Registrant
The information set forth under Item 1.01 of this Current Report on Form 8-K
related to the Credit Agreement is incorporated by reference in this Item 2.03.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
Number                Description
                        Second Amendment to Amended and Restated Credit Agreement, dated as of
10.1                  September     21    , 2021, among Kimball

International, Inc., the lender parties


                      thereto, JPMorgan Chase Bank, National Association,

as administrative agent, and


                      the guarantors named therein
104                   Cover Page interactive data file (embedded within the Inline XBRL document)




                                       2

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses