secwatch.observer — SEC 8-K summary
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Issuer:     JACK HENRY & ASSOCIATES INC (JKHY)
CIK:        0000779152
Form:       8-K
Filed at:   2026-03-26T23:59:59+00:00
Accession:  0000779152-26-000013
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jack Henry enters into $1.0B five-year revolving credit facility, replacing $600M facility
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- New $1.0 billion unsecured revolving credit facility with five-year maturity, led by U.S. Bank and other banks.
- Replaces $600 million facility, which had $80 million outstanding; no early termination penalties.
- Financial covenants include minimum interest coverage ratio of 3.50:1.00 and maximum net leverage of 3.50:1.00 (step-up to 4.00:1.00 post-acquisition).
- Facility may be used for refinancing, capex, share repurchases, and general corporate purposes.
- Guaranteed by material domestic subsidiaries; interest based on adjusted Term SOFR or base rate plus spread.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/779152/000077915226000013/0000779152-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/779152/000077915226000013/jkhy-20260325.htm
  HTML page:      https://secwatch.observer/filing/0000779152-26-000013

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