{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-23-000076","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2023-10-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.041889+00:00","generated_at":"2026-06-10T03:03:12.059665+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Pilgrim's Pride expands revolver to $850M, extends maturity to 2028, unsecured","bullets":["New $850M revolving credit facility replaces prior $800M facility.","Maturity extended from August 9, 2026 to October 4, 2028.","Facility is unsecured; collateral under prior agreement is being released.","Borrowings bear interest at SOFR or prime rate plus margins based on credit ratings.","Proceeds used for general corporate purposes."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-23-000076","json":"https://secwatch.observer/filing/0000802481-23-000076.json","markdown":"https://secwatch.observer/filing/0000802481-23-000076.md","text":"https://secwatch.observer/filing/0000802481-23-000076.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000076/0000802481-23-000076-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000076/ppc-20231004.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T03:03:12.059665+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":"ddc50a76f308f239c4455bcbd032a9baad5ba29e","claim":"PILGRIMS PRIDE CORP entered into Revolving Syndicated Facility Agreement with CoBank, ACB as administrative agent and collateral agent, and the other lenders party thereto valued at $850.0 million (effective 2023-10-04).","evidence_excerpt":"On October 4, 2023 (the “Effective Date”), Pilgrim's Pride Corporation (the “Company”) and certain of the Company's subsidiaries entered into a Revolving Syndicated Facility Agreement (the “RCF”) with CoBank, ACB as administrative agent and collateral agent, and the other lenders party thereto.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000076/0000802481-23-000076-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"CoBank, ACB as administrative agent and collateral agent, and the other lenders party thereto"},{"label":"Value","value":"$850.0 million"},{"label":"Effective","value":"2023-10-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}