{"schema_version":"secwatch.filing_event.v1","accession":"0000930413-24-001945","form_type":"8-K","ticker":"GFF","cik":"0000050725","company_name":"GRIFFON CORP","filed_at":"2024-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.646974+00:00","generated_at":"2026-06-01T01:59:02.134873+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Griffon reprices $459M Term Loan B, saving ~$1.8M in annual interest","bullets":["Interest spread reduced by 25 bps from SOFR+250bps to SOFR+225bps.","Credit spread adjustment (10-25 bps) removed; SOFR floor cut to 0 bps.","Estimated $1.8M annual cash interest savings on $459M outstanding.","Maturity remains January 2029; all other terms substantially unchanged.","CEO cites strong balance sheet for opportunistic repricing."],"urls":{"canonical":"https://secwatch.observer/filing/0000930413-24-001945","json":"https://secwatch.observer/filing/0000930413-24-001945.json","markdown":"https://secwatch.observer/filing/0000930413-24-001945.md","text":"https://secwatch.observer/filing/0000930413-24-001945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/50725/000093041324001945/0000930413-24-001945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/50725/000093041324001945/c109206_8k-ixbrl.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T01:59:02.134873+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"}