secwatch.observer — SEC 8-K summary
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Issuer:     Gen Digital Inc. (GEN)
CIK:        0000849399
Form:       8-K
Filed at:   2026-03-27T23:59:59+00:00
Accession:  0000849399-26-000011
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Gen Digital extends revolver maturity to 2031, repays $2.74B term loans
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- Entered Third Amendment to credit agreement extending $1.5B revolver to March 27, 2031.
- Extended Term A Loans of $2.741B bear interest at SOFR plus margin based on debt ratings/leverage.
- Proceeds from additional Extended Term A Loans used to repay all remaining Initial Tranche A Term Loans.
- Extended Term A Loans amortize at 5% per annum; revolver has no amortization.
- Springing maturity applies if minimum liquidity test not satisfied.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/849399/000084939926000011/0000849399-26-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/849399/000084939926000011/gen-20260327.htm
  HTML page:      https://secwatch.observer/filing/0000849399-26-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer