{"schema_version":"secwatch.filing_event.v1","accession":"0000277638-23-000060","form_type":"8-K","ticker":null,"cik":"0000277638","company_name":"DAVEY TREE EXPERT CO","filed_at":"2023-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.596613+00:00","generated_at":"2026-06-07T20:06:52.768477+00:00","sec_items":["2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Davey Tree Expert issues $75M 6.19% senior notes due 2028 to PGIM affiliates","bullets":["Issued $75M principal of 6.19% Senior Notes, Series C, due Nov 28, 2028, to PGIM affiliates.","Net proceeds for general corporate purposes and to pay down revolving credit facility borrowings.","Notes rank pari passu with other senior unsecured obligations and guaranteed by four subsidiaries.","Total outstanding under Note Purchase Agreement reaches $150M, the full capacity."],"urls":{"canonical":"https://secwatch.observer/filing/0000277638-23-000060","json":"https://secwatch.observer/filing/0000277638-23-000060.json","markdown":"https://secwatch.observer/filing/0000277638-23-000060.md","text":"https://secwatch.observer/filing/0000277638-23-000060.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/277638/000027763823000060/0000277638-23-000060-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/277638/000027763823000060/davey-20231128.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T20:06:52.768477+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":"f45ca68243c348955351f7536fda5e581bcf00ef","claim":"DAVEY TREE EXPERT CO incurred senior notes of $75 million with certain affiliates of PGIM, Inc. at 6.19% maturing November 28, 2028.","evidence_excerpt":"On November 28, 2023, The Davey Tree Expert Company (the \"Company\") issued 6.19% Senior Notes, Series C, due November 28, 2028, in the aggregate principal amount of $75 million to certain affiliates of PGIM, Inc. (the \"Series C Notes\").","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/277638/000027763823000060/0000277638-23-000060-index.htm","confidence":0.99,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$75 million"},{"label":"Counterparty","value":"certain affiliates of PGIM, Inc."},{"label":"Rate","value":"6.19%"},{"label":"Maturity","value":"November 28, 2028"},{"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"}