Hydrofarm Enters Forbearance on $125M Term Loan After Default

Hydrofarm Holdings Group, Inc. entered into a Forbearance Agreement on April 8, 2026, with its lenders regarding its $125 million senior secured term loan. This agreement follows an Event of Default declared on February 11, 2026, due to the company's failure to make an interest payment due on January 31, 2026. The Forbearance Agreement provides temporary relief from immediate enforcement actions by the lenders.