{"schema_version":"secwatch.filing_event.v1","accession":"0000008947-24-000205","form_type":"8-K","ticker":"AZZ","cik":"0000008947","company_name":"AZZ INC","filed_at":"2024-09-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.221781+00:00","generated_at":"2026-05-31T02:13:34.213447+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"AZZ reprices $890M Term Loan B, cuts margin 75 bps to SOFR+250; expects $7M annual savings","bullets":["Reduced Term Loan B interest rate margin by 75 bps to Adjusted Term SOFR + 250 bps (from +325 bps).","Third repricing since May 2022; aggregate margin reduction of 185 bps.","Expects annual interest savings of approximately $7 million on $890 million outstanding.","No changes to leverage, covenants, or maturity date (May 13, 2029).","CFO cites strong market demand and disciplined debt reduction since Precoat Metals acquisition."],"urls":{"canonical":"https://secwatch.observer/filing/0000008947-24-000205","json":"https://secwatch.observer/filing/0000008947-24-000205.json","markdown":"https://secwatch.observer/filing/0000008947-24-000205.md","text":"https://secwatch.observer/filing/0000008947-24-000205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8947/000000894724000205/0000008947-24-000205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8947/000000894724000205/azz-20240924.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T02:13:34.213447+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}