{"schema_version":"secwatch.filing_event.v1","accession":"0000950142-25-000254","form_type":"8-K","ticker":"CPRI","cik":"0001530721","company_name":"Capri Holdings Ltd","filed_at":"2025-02-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.908990+00:00","generated_at":"2026-05-27T03:26:05.736271+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Capri Holdings enters $2.2B secured credit facilities, refinances existing debt","bullets":["New $2.2B credit facilities: $700M term loan ($392M USD + €302M) and $1.5B revolving, maturing July 1, 2027.","Proceeds repaid $450M delayed draw term loan (due Nov 2025) and a EUR 450M term loan from Intesa Sanpaolo.","Facilities now secured by substantially all assets and registered IP of Capri and its U.S. subsidiaries.","Net leverage covenant: ≤4.0x (4.5x after material acquisitions); same as prior agreement.","Revolver interest based on public debt ratings or net leverage; unused commitment fee 7.5-17.5 bps."],"urls":{"canonical":"https://secwatch.observer/filing/0000950142-25-000254","json":"https://secwatch.observer/filing/0000950142-25-000254.json","markdown":"https://secwatch.observer/filing/0000950142-25-000254.md","text":"https://secwatch.observer/filing/0000950142-25-000254.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1530721/000095014225000254/0000950142-25-000254-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1530721/000095014225000254/eh250586085_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:26:05.736271+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"}