{"schema_version":"secwatch.filing_event.v1","accession":"0000772406-23-000011","form_type":"8-K","ticker":"CRUS","cik":"0000772406","company_name":"CIRRUS LOGIC, INC.","filed_at":"2023-03-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.063459+00:00","generated_at":"2026-06-17T21:51:27.141933+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"Cirrus Logic amends credit agreement to replace LIBOR with Term SOFR","bullets":["First Amendment dated March 20, 2023 to $300M second amended and restated credit agreement.","Replaces LIBOR with forward-looking Term SOFR plus a spread adjustment for interest calculations.","Existing terms and $300M commitment unchanged; all representations and warranties reaffirmed.","Lenders include Wells Fargo, Bank of America, Barclays, and Goldman Sachs."],"urls":{"canonical":"https://secwatch.observer/filing/0000772406-23-000011","json":"https://secwatch.observer/filing/0000772406-23-000011.json","markdown":"https://secwatch.observer/filing/0000772406-23-000011.md","text":"https://secwatch.observer/filing/0000772406-23-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/772406/000077240623000011/0000772406-23-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/772406/000077240623000011/crus-20230320.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T21:51:27.141933+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":"79d2b8dad79c6429aa567203f669f083e13b00ac","claim":"CIRRUS LOGIC, INC. amended First Amendment with Wells Fargo Bank, National Association (as administrative agent) (effective 2023-03-20).","evidence_excerpt":"On March 20, 2023, Cirrus Logic, Inc., as borrower (the \"Company\"), entered into the First Amendment (the \"Amendment\") to its Second Amended and Restated Credit Agreement (the \"Credit Agreement\"), dated as of July 8, 2021, with the lending institutions party thereto and Wells Fargo Bank, National Association, as administrative agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/772406/000077240623000011/0000772406-23-000011-index.htm","confidence":1.0,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wells Fargo Bank, National Association (as administrative agent)"},{"label":"Effective","value":"2023-03-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}