{"schema_version":"secwatch.filing_event.v1","accession":"0000038725-25-000172","form_type":"8-K","ticker":"FELE","cik":"0000038725","company_name":"FRANKLIN ELECTRIC CO INC","filed_at":"2025-10-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:41.771506+00:00","generated_at":"2026-05-17T04:59:18.076111+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Franklin Electric issues $125M 5.01% Senior Notes due 2032 to refinance debt","bullets":["Issued $125M aggregate principal of 5.01% Senior Notes due September 26, 2032.","Notes sold under existing Private Shelf Agreements with NYL Investors and PGIM affiliates.","Proceeds to be used for refinancing existing indebtedness and working capital.","Notes are unregistered, exempt from Securities Act registration requirements."],"urls":{"canonical":"https://secwatch.observer/filing/0000038725-25-000172","json":"https://secwatch.observer/filing/0000038725-25-000172.json","markdown":"https://secwatch.observer/filing/0000038725-25-000172.md","text":"https://secwatch.observer/filing/0000038725-25-000172.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38725/000003872525000172/0000038725-25-000172-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38725/000003872525000172/fele-20250926.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T04:59:18.076111+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":[{"claim_id":"fd2cf0d689dae0fd089c9b5cfded54c4b759a8a4","claim":"FRANKLIN ELECTRIC CO INC incurred senior notes of $125 million aggregate principal amount with the purchasers named therein at 5.01% maturing September 26, 2032.","evidence_excerpt":"On September 26, 2025, pursuant to the Private Shelf Agreements, the Company agreed to issue and the Purchasers agreed to purchase $125 million aggregate principal amount of the Company’s 5.01% Senior Notes due September 26, 2032","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/38725/000003872525000172/0000038725-25-000172-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$125 million aggregate principal amount"},{"label":"Counterparty","value":"the purchasers named therein"},{"label":"Rate","value":"5.01%"},{"label":"Maturity","value":"September 26, 2032"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}