{"schema_version":"secwatch.filing_event.v1","accession":"0000109177-26-000013","form_type":"8-K","ticker":"SPB","cik":"0000109177","company_name":"Spectrum Brands Holdings, Inc.","filed_at":"2026-05-04T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.940110+00:00","generated_at":"2026-05-14T23:49:18.021219+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spectrum Brands secures $127M Oaktree investment in HPC business; Oaktree to hold ~27% equity stake","bullets":["$127M Oaktree investment: $67M convertible preferred equity at 8% dividend, $60M first lien term loan at SOFR+5.50%.","Convertible preferred yields 8.0% compounded quarterly; term loan has SOFR+5.50% or base+4.50%.","Expected close on or about May 11, 2026; Oaktree gets ~27% equity stake, remainder held by Spectrum subsidiary.","Transaction advances HPC separation; HPC removed from Parent's collateral package post-closing."],"urls":{"canonical":"https://secwatch.observer/filing/0000109177-26-000013","json":"https://secwatch.observer/filing/0000109177-26-000013.json","markdown":"https://secwatch.observer/filing/0000109177-26-000013.md","text":"https://secwatch.observer/filing/0000109177-26-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/109177/000010917726000013/0000109177-26-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/109177/000010917726000013/spb-20260501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T23:49:18.021219+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"}