{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-24-001814","form_type":"8-K","ticker":"ADP","cik":"0000008670","company_name":"AUTOMATIC DATA PROCESSING INC","filed_at":"2024-06-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.180437+00:00","generated_at":"2026-06-01T00:54:04.713394+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"ADP enters $8.05B in new credit facilities, replaces prior lines","bullets":["New $4.55B 364-day and $3.5B five-year facilities; five-year has $500M accordion feature.","Replace prior $4.25B 364-day (June 2023) and $3.2B five-year (June 2021) agreements, both terminated June 28, 2024.","364-day matures June 27, 2025 (possible extension to 2026); five-year matures June 28, 2029.","Pricing: Term SOFR + 0.625% (or ABR + 0.00%); commitment fees 0.0175% (364-day) and 0.04%-0.10% (five-year).","Proceeds for general corporate purposes and refinancing existing indebtedness."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-24-001814","json":"https://secwatch.observer/filing/0000950142-24-001814.json","markdown":"https://secwatch.observer/filing/0000950142-24-001814.md","text":"https://secwatch.observer/filing/0000950142-24-001814.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8670/000095014224001814/0000950142-24-001814-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8670/000095014224001814/eh240501584_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T00:54:04.713394+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"}