{"schema_version":"secwatch.filing_event.v1","accession":"0000768899-24-000037","form_type":"8-K","ticker":"TBI","cik":"0000768899","company_name":"TrueBlue, Inc.","filed_at":"2024-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.893129+00:00","generated_at":"2026-06-06T04:34:27.159868+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"TrueBlue enters $255M amended credit facility, matures in five years, accordion to $405M","bullets":["Total revolving credit facility of $255M, up from prior facility; accordion feature permits increase to $405M.","Maturity date is February 9, 2029; secured by collateral of borrower and material domestic subsidiaries.","Financial covenants: asset coverage ratio initially, then consolidated leverage ratio after Dec 28, 2025, plus fixed charge coverage.","Borrowing rates based on SOFR or base rate plus spread ranging from 1.75% to 3.50% depending on leverage; commitment fee 0.35%-0.50%.","Lenders include Bank of America, PNC, Wells Fargo, KeyBank, HSBC; BofA Securities is sole bookrunner."],"urls":{"canonical":"https://secwatch.observer/filing/0000768899-24-000037","json":"https://secwatch.observer/filing/0000768899-24-000037.json","markdown":"https://secwatch.observer/filing/0000768899-24-000037.md","text":"https://secwatch.observer/filing/0000768899-24-000037.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/768899/000076889924000037/0000768899-24-000037-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/768899/000076889924000037/tbi-20240209.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T04:34:27.159868+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":"fc5e2cff1171a5088ac18cbea15766f5a5dcb7c4","claim":"TrueBlue, Inc. incurred revolving credit of $255 million with Bank of America, N.A. at variable rate of interest on the outstanding principal balance maturing five years.","evidence_excerpt":"The Agreement provides a senior secured revolving line of credit facility of up to $255 million, matures in five years","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/768899/000076889924000037/0000768899-24-000037-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$255 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"variable rate of interest on the outstanding principal balance"},{"label":"Maturity","value":"five years"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0b34668fbfdb50edda6ee673278ad95e2e6616a9","claim":"TrueBlue, Inc. amended Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent valued at $255 million (effective 2024-02-09).","evidence_excerpt":"On February 9, 2024 , TrueBlue, Inc. (the “company”) entered into an Amended and Restated Credit Agreement (the “Agreement”). The Agreement amends and restates in its entirety the original Credit Agreement entered into on July 13, 2018","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/768899/000076889924000037/0000768899-24-000037-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A. as administrative agent"},{"label":"Value","value":"$255 million"},{"label":"Effective","value":"2024-02-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}