{"schema_version":"secwatch.filing_event.v1","accession":"0000716643-22-000040","form_type":"8-K","ticker":"RGS","cik":"0000716643","company_name":"REGIS CORP","filed_at":"2022-08-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.985319+00:00","generated_at":"2026-06-24T00:08:46.856034+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Regis renegotiates debt: $180M term loan, maturity extended to Aug 2025, liquidity covenant cut to $10M","bullets":["Converted $180M of existing $295M revolver to term loan; revolver reduced to $55M.","Maturity extended from March 2023 to August 31, 2025; minimum liquidity covenant lowered to $10M from $75M.","Term SOFR margin starts at 3.875%, steps to 6.25% (Mar 2023) then 7.25% (Mar 2024), with PIK interest.","New covenants: min EBITDA, max leverage, fixed charge coverage (latter two not tested until Dec 31, 2023).","Quarterly mandatory prepayment of 75-100% of excess cash flow; threshold for excess cash prepayment lowered to $15M."],"urls":{"canonical":"https://secwatch.observer/filing/0000716643-22-000040","json":"https://secwatch.observer/filing/0000716643-22-000040.json","markdown":"https://secwatch.observer/filing/0000716643-22-000040.md","text":"https://secwatch.observer/filing/0000716643-22-000040.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/716643/000071664322000040/0000716643-22-000040-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/716643/000071664322000040/rgs-20220812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T00:08:46.856034+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"}