{"schema_version":"secwatch.filing_event.v1","accession":"0000077543-24-000092","form_type":"8-K","ticker":"TPC","cik":"0000077543","company_name":"TUTOR PERINI CORP","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.953243+00:00","generated_at":"2026-06-03T12:58:29.788847+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Tutor Perini issues $400M 11.875% notes due 2029 to refinance $500M 2025 notes","bullets":["Issued $400M aggregate principal of 11.875% Senior Notes due 2029 at 97.710% issue price.","Net proceeds plus cash on hand to redeem or repay $500M of 6.875% Senior Notes due May 2025.","Notes bear interest at 11.875%, mature April 30, 2029; first interest payment Oct 31, 2024.","Notes are senior unsecured obligations, guaranteed by certain subsidiaries, effectively subordinated to secured debt.","Indenture includes covenants limiting additional debt, restricted payments, mergers, liens; some suspended with investment-grade ratings."],"urls":{"canonical":"https://secwatch.observer/filing/0000077543-24-000092","json":"https://secwatch.observer/filing/0000077543-24-000092.json","markdown":"https://secwatch.observer/filing/0000077543-24-000092.md","text":"https://secwatch.observer/filing/0000077543-24-000092.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000092/0000077543-24-000092-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000092/tpc-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T12:58:29.788847+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":"c1238685824fcc64f514354c824196788612b42d","claim":"TUTOR PERINI CORP incurred senior notes of $400.0 million at 11.875% maturing mature on April 30, 2029.","evidence_excerpt":"On April 22, 2024 (the “Closing Date”), Tutor Perini Corporation (the “Company”) completed the previously announced sale of $400.0 million in aggregate principal amount of 11.875% Senior Notes due 2029 (the “Notes”) at an issue price of 97.710% (the “Notes Offering”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000092/0000077543-24-000092-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400.0 million"},{"label":"Rate","value":"11.875%"},{"label":"Maturity","value":"mature on April 30, 2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"e28914a8075d1cd11046a553f5d6bf04cc5e579d","claim":"TUTOR PERINI CORP entered into Indenture with Wilmington Trust, National Association valued at $400.0 million (effective 2024-04-22).","evidence_excerpt":"On April 22, 2024 (the “Closing Date”), Tutor Perini Corporation (the “Company”) completed the previously announced sale of $400.0 million in aggregate principal amount of 11.875% Senior Notes due 2029 (the “Notes”) at an issue price of 97.710% (the “Notes Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/77543/000007754324000092/0000077543-24-000092-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Value","value":"$400.0 million"},{"label":"Effective","value":"2024-04-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}