{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-23-001005","form_type":"8-K","ticker":"JILL","cik":"0001687932","company_name":"J.Jill, Inc.","filed_at":"2023-04-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.044061+00:00","generated_at":"2026-06-17T05:54:43.242678+00:00","sec_items":["1.01","1.02","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"J.Jill completes $175M refinancing, extends debt maturity to 2028","bullets":["New $175M term loan facility with Jefferies Finance, matures May 8, 2028.","Proceeds used to repay ~$222M of existing debt due 2024.","Interest rate: SOFR+8% or Base+7%.","No material change to interest expense in FY2023 excluding one-time costs.","Company expects financial flexibility to drive shareholder return."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-23-001005","json":"https://secwatch.observer/filing/0000950142-23-001005.json","markdown":"https://secwatch.observer/filing/0000950142-23-001005.md","text":"https://secwatch.observer/filing/0000950142-23-001005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/0000950142-23-001005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/eh230346263_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T05:54:43.242678+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":"e689009774c273eea9f59be10a76bcf8125235f6","claim":"J.Jill, Inc. incurred term loan of $175,000,000 with Jefferies Finance LLC at Base Rate plus 7.00% or Adjusted Term SOFR plus 8.00% maturing May 8, 2028.","evidence_excerpt":"LLC (“Jefferies Finance”), as administrative agent and as collateral agent. The Credit Agreement provides for a secured term loan facility in an aggregate principal amount of $175,000,000 with a maturity date of May 8, 2028. The proceeds of the Credit Agreement were used in part to pay off (1) that certain Priming Term Loan Credit Agreement (the “Priming Credit","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/0000950142-23-001005-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$175,000,000"},{"label":"Counterparty","value":"Jefferies Finance LLC"},{"label":"Rate","value":"Base Rate plus 7.00% or Adjusted Term SOFR plus 8.00%"},{"label":"Maturity","value":"May 8, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"2b64e0021cc4d7e6936409cbc84f8d47fd06d5ce","claim":"J.Jill, Inc. terminated Subordinated Credit Agreement with Wilmington Trust, National Association (effective 2023-04-05).","evidence_excerpt":"(2) that certain Subordinated Term Loan Credit Agreement (the “Subordinated Credit Agreement”), by and among the Company, the Borrower, the subordinated lenders party thereto and Wilmington Trust, National Association, as administrative agent and as collateral agent.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/0000950142-23-001005-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2023-04-05"}],"fact_type":"material_agreement"},{"claim_id":"64e4025de3769775f0573ed01e3b03368be4c453","claim":"J.Jill, Inc. entered into Credit Agreement with Jefferies Finance LLC valued at $175,000,000 (effective 2023-04-05).","evidence_excerpt":"J.Jill, Inc. (the “Company”) and Jill Acquisition LLC (the “Borrower”) entered into that certain Term Loan Credit Agreement (the “Credit Agreement”), by and among the lenders party thereto from time to time and Jefferies Finance LLC (“Jefferies Finance”), as administrative agent and as collateral agent. The Credit Agreement provides for a secured term loan facility in an aggregate principal amount of $175,000,000","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/0000950142-23-001005-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Jefferies Finance LLC"},{"label":"Value","value":"$175,000,000"},{"label":"Effective","value":"2023-04-05"}],"fact_type":"material_agreement"},{"claim_id":"b70ee5eaed8b2727b9063b2f09eee6a5f132f3d4","claim":"J.Jill, Inc. terminated Priming Credit Agreement with Wilmington Trust, National Association (effective 2023-04-05).","evidence_excerpt":"The proceeds of the Credit Agreement were used in part to pay off (1) that certain Priming Term Loan Credit Agreement (the “Priming Credit Agreement”), by and among the Company, the Borrower, the priming lenders party thereto from time to time and Wilmington Trust, National Association, as administrative agent and as collateral agent","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1687932/000095014223001005/0000950142-23-001005-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"termination"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Wilmington Trust, National Association"},{"label":"Effective","value":"2023-04-05"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}