{"schema_version":"secwatch.filing_event.v1","accession":"0000832428-25-000005","form_type":"8-K","ticker":"SSP","cik":"0000832428","company_name":"E.W. SCRIPPS Co","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.469174+00:00","generated_at":"2026-05-25T00:25:49.262214+00:00","sec_items":["1.01","7.01","9.01","10.1"],"event_type":"debt","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Scripps refinances up to $1.3B in term loans; new $450M A/R facility and $208M revolver","bullets":["Lenders holding >70% of term loans support exchange; existing B-2 loans due May 2026 will be fully repaid or exchanged for new B-2 due June 2028.","Existing B-3 loans due June 2028 exchanged for new B-2 and new B-3 due November 2029; remaining B-3 subordinated.","New $450M accounts receivable securitization facility (PNC $350M, KKR $100M) to partially repay existing B-2 loans.","New $208M revolving credit facility due July 2027; existing revolver commitments partially retained.","Backstop lenders commit up to ~$547M in new B-2 term loans to cash repay any B-2 not exchanged or repaid via A/R facility."],"urls":{"canonical":"https://secwatch.observer/filing/0000832428-25-000005","json":"https://secwatch.observer/filing/0000832428-25-000005.json","markdown":"https://secwatch.observer/filing/0000832428-25-000005.md","text":"https://secwatch.observer/filing/0000832428-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/832428/000083242825000005/0000832428-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/832428/000083242825000005/ssp-20250310.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:25:49.262214+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"}