{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-008446","form_type":"8-K","ticker":"LESL","cik":"0001821806","company_name":"Leslie's, Inc.","filed_at":"2023-03-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.794420+00:00","generated_at":"2026-06-18T00:53:11.041832+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":"Leslie's upsizes revolver by $50M to $250M, swaps LIBOR for Term SOFR","bullets":["Amendment No. 6 to Credit Agreement dated March 15, 2023 increases revolving commitments by $50M to $250M aggregate.","LIBOR benchmark replaced with Term SOFR; other terms substantially unchanged.","Parties include Leslie's, Bank of America as administrative agent, U.S. Bank as co-collateral agent."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-008446","json":"https://secwatch.observer/filing/0000950170-23-008446.json","markdown":"https://secwatch.observer/filing/0000950170-23-008446.md","text":"https://secwatch.observer/filing/0000950170-23-008446.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023008446/0000950170-23-008446-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023008446/lesl-20230315.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T00:53:11.041832+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":"3d9d5408ad0b453860b68592cb1145222bc90f67","claim":"Leslie's, Inc. amended revolving credit of increase the revolving credit commitments under the Revolving Credit Facility in the amount of $50.0 million, such that with Bank of America, N.A., as administrative agent, and U.S. Bank National Association, as co-collateral agent at replaced the existing LIBOR-based rate with a Term SOFR-based rate.","evidence_excerpt":"Amendment No. 6 amended the Credit Agreement to, among other things, in respect of the revolving credit facility thereunder (the “Revolving Credit Facility”), (a) increase the revolving credit commitments under the Revolving Credit Facility in the amount of $50.0 million, such that the aggregate commitments are $250.0 million and (b) replaced the existing LIBOR-based rate with a Term SOFR-based rate, as an interest rate benchmark.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023008446/0000950170-23-008446-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"increase the revolving credit commitments under the Revolving Credit Facility in the amount of $50.0 million, such that"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, and U.S. Bank National Association, as co-collateral agent"},{"label":"Rate","value":"replaced the existing LIBOR-based rate with a Term SOFR-based rate"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"0f020dd222acbfb612f9f6bf2c7eaf49cffac01f","claim":"Leslie's, Inc. amended Amendment No. 6 with Bank of America, N.A., as administrative agent, and U.S. Bank National Association, as co-collateral agent (effective 2023-03-15).","evidence_excerpt":"On March 15, 2023, Leslie’s Poolmart, Inc., Leslie’s, Inc., and the subsidiary borrowers named therein (collectively, the “Company”), Bank of America, N.A., as administrative agent, and U.S. Bank National Association, as co-collateral agent, entered into an Amendment No. 6 (“Amendment No. 6”) to the Company’s Credit Agreement dated October 16, 2012","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1821806/000095017023008446/0000950170-23-008446-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Bank of America, N.A., as administrative agent, and U.S. Bank National Association, as co-collateral agent"},{"label":"Effective","value":"2023-03-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}