{"schema_version":"secwatch.filing_event.v1","accession":"0000950157-25-000796","form_type":"8-K","ticker":null,"cik":"0000716133","company_name":"CINCINNATI BELL INC","filed_at":"2025-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.213209+00:00","generated_at":"2026-05-17T06:18:28.071602+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Cincinnati Bell refinances $925.9M Term B-4 loans with new Term B-5; reduces rates on B-1, B-3","bullets":["Issued $925,937,519.64 in Term B-5 senior secured loans on Sep 17, 2025, fully refinancing Term B-4 loans.","Interest rate margins on existing Term B-1 and Term B-3 loans reduced under Amendment No. 6.","No other material terms, conditions, or covenants of the Credit Agreement changed.","Goldman Sachs Bank USA acted as lead arranger and additional refinancing lender for Term B-5 tranche."],"urls":{"canonical":"https://secwatch.observer/filing/0000950157-25-000796","json":"https://secwatch.observer/filing/0000950157-25-000796.json","markdown":"https://secwatch.observer/filing/0000950157-25-000796.md","text":"https://secwatch.observer/filing/0000950157-25-000796.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:18:28.071602+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":"4041baef0c905b34edebd3d310d9367b762cd646","claim":"CINCINNATI BELL INC incurred term loan of $925,937,519.64 with Goldman Sachs Bank USA, as administrative agent and as the Additional Refinancing Lender and a Term B-5 Lender.","evidence_excerpt":"for (i) a reduction in the interest rate margin applicable to the Term B-1 Loans and the Term B-3 Loans under the Credit Agreement and (ii) the incurrence of a new tranche of $925,937,519.64 senior secured term loans (the “Term B-5 Loans”). The proceeds of the Term B-5 Loans were used to refinance in full the outstanding aggregate principal amount of the Term B-4","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$925,937,519.64"},{"label":"Counterparty","value":"Goldman Sachs Bank USA, as administrative agent and as the Additional Refinancing Lender and a Term B-5 Lender"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ded2d1010863a953fa885a3d469fa63cee000eee","claim":"CINCINNATI BELL INC amended credit facility with Goldman Sachs Bank USA, as administrative agent at reduction in the interest rate margin applicable to the Term B-1 Loans and the T.","evidence_excerpt":"reduction in the interest rate margin applicable to the Term B-1 Loans and the Term B-3 Loans","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/716133/000095015725000796/0000950157-25-000796-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Counterparty","value":"Goldman Sachs Bank USA, as administrative agent"},{"label":"Rate","value":"reduction in the interest rate margin applicable to the Term B-1 Loans and the T"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}