secwatch / observer
8-K filed March 17, 2026, 7:59 PM ET ticker PAR CIK 0000708821
debt confidence high sentiment neutral materiality 0.60

PAR closes $265M 4% convertible note offering, refinances 2027 notes and repurchases stock

PAR TECHNOLOGY CORP

item 1.01item 2.03item 3.02item 8.01item 9.01

Machine-readable event card

schema_version
secwatch.filing_event.v1
accession
0000708821-26-000031
form_type
8-K
ticker
PAR
cik
0000708821
company_name
PAR TECHNOLOGY CORP
filed_at
2026-03-17T23:59:59+00:00
discovered_at
2026-05-14T18:02:37.508413+00:00
generated_at
2026-05-15T11:11:57.821378+00:00
sec_items
["1.01", "2.03", "3.02", "8.01", "9.01"]
event_type
debt
sentiment
neutral
materiality_score
0.6
calibrated_materiality_score
0.6
confidence
high
secwatch_canonical_url
https://secwatch.observer/filing/0000708821-26-000031
json_url
https://secwatch.observer/filing/0000708821-26-000031.json
markdown_url
https://secwatch.observer/filing/0000708821-26-000031.md
text_url
https://secwatch.observer/filing/0000708821-26-000031.txt
edgar_index_url
https://www.sec.gov/Archives/edgar/data/708821/000070882126000031/0000708821-26-000031-index.htm
edgar_primary_document_url
https://www.sec.gov/Archives/edgar/data/708821/000070882126000031/par-20260317.htm
generated_by_model
deepseek-v4-flash:cloud@v2
review_status
machine_generated
human_reviewed
false
corrected
false
correction_note
null
correction_timestamp
null
superseded_by
null
JSON Markdown Plain text

Source-grounded claims

d04985e2dc68c200adcef9954a9614fd52b4fc74

PAR TECHNOLOGY CORP incurred convertible notes of $265 million aggregate principal amount with U.S. Bank Trust Company, National Association at 4.00% per year maturing March 15, 2031.

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

SEC 8-K Item 2.03/2.04 confidence 0.9 SEC evidence

be882b8c43139383247d8f0cb55b7eefe182b557

PAR TECHNOLOGY CORP entered into Indenture with U.S. Bank Trust Company, National Association valued at $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (effective 2026-03-17).

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “Notes”), which amount includes $15 million aggregate principal amount of Notes issued pursuant to the initial purchasers’ exercise of their option to purchase additional Notes. The Notes were issued pursuant to an indenture, dated March 17, 2026 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.

SEC 8-K Item 1.01/1.02 confidence 0.9 SEC evidence

Comparable filings

EMAT

EMAT secures $100M convertible debenture facility from Yorkville; first $20M tranche issued

Evolution Metals & Technologies Corp. May 11, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 7.01, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

The first Convertible Debenture (the “First Debenture”) in the principal amount of $20,000,000 was issued on May 7, 2026.

Filing page SEC filing

BKNG

Booking Holdings issues $750M of 5.375% Senior Notes due 2036

Booking Holdings Inc. May 7, 2026, 7:59 PM ET debt Items 1.01, 2.03, 8.01, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 8.01, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

in connection with the sale of $750,000,000 aggregate principal amount of the Company’s 5.375% Senior Notes due 2036

Filing page SEC filing

HR

HR subsidiary issues $700M 3.00% exchangeable senior notes due 2032

Healthcare Realty Trust Inc May 7, 2026, 7:59 PM ET debt Items 1.01, 2.03, 3.02, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 3.02, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

issued $700,000,000 aggregate principal amount of its 3.00% Exchangeable Senior Notes due 2032

Filing page SEC filing

NWE

NorthWestern Energy subsidiary enters $225M secured term loan, repays revolver

NorthWestern Energy Group, Inc. June 2, 2026, 7:22 AM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond

Filing page SEC filing

TCPC

BlackRock TCP Capital closes $535.8M CLO securitization, repays existing debt facilities

BlackRock TCP Capital Corp. June 1, 2026, 4:50 PM ET debt Items 1.01, 1.02, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C

Filing page SEC filing

EHC

Encompass Health issues $500M 5.875% notes due 2034; to redeem $400M of 4.500% notes due 2028

Encompass Health Corp June 1, 2026, 4:26 PM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

Filing page SEC filing

VVX

V2X refinances $868.5M term loans with new tranche maturing 2030; SOFR+2% margin

V2X, Inc. June 1, 2026, 4:10 PM ET debt Items 1.01, 2.03, 9.01

same fact type: debt_financing, material_agreement same SEC item: 1.01, 2.03, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031

Comparable filing

The Amendment provides for, among other things, a new tranche of term loans under the Credit Agreement in an aggregate original principal amount of $868,522,978.38 (the “New Term Loans”), which New Term Loans replace or refinance in full all of the existing term loans outstanding under the Credit Agreement (as in effect immediately prior to the Amendment), as further set forth in the Amendment. The New Term Loans mature on December 6, 2030.

Filing page SEC filing

PFG

Principal Financial Group issues $400M of 5.300% Senior Notes due 2037

PRINCIPAL FINANCIAL GROUP INC June 1, 2026, 4:05 PM ET debt Items 1.01, 2.03, 8.01, 9.01

same fact type: material_agreement same SEC item: 1.01, 2.03, 8.01, 9.01 same event type: debt similar materiality

This filing

On March 17, 2026, PAR Technology Corporation (“PAR” or the “Company”) completed a private offering (the “Offering”) of $265 million aggregate principal amount of 4.00% Convertible Senior Notes due 2031 (the “Notes”), which amount includes $15 million aggregate principal amount of Notes issued pursuant to the initial purchasers’ exercise of their option to purchase additional Notes. The Notes were issued pursuant to an indenture, dated March 17, 2026 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee.

Comparable filing

On June 1, 2026, Principal Financial Group, Inc. (the “Company”) issued $400,000,000 aggregate principal amount of its 5.300% Senior Notes due 2037 (the “Notes”). The Notes were issued pursuant to the Senior Indenture, dated as of May 21, 2009 (the “Senior Indenture”), among the Company, as issuer, Principal Financial Services, Inc. (“PFSI”), as guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee, as supplemented by the Eighteenth Supplemental Indenture, dated as of June 1, 2026 (the “Supplemental Indenture”).

Filing page SEC filing

Source: SEC EDGAR
accession 0000708821-26-000031
view filing index on sec.gov
view primary document

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.