{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-086221","form_type":"8-K","ticker":"BURL","cik":"0001579298","company_name":"Burlington Stores, Inc.","filed_at":"2025-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.860239+00:00","generated_at":"2026-05-19T08:21:31.854593+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Burlington Stores subsidiary adds $500M in term loans; total term loans outstanding $1.74B","bullets":["Burlington Coat Factory Warehouse Corp. borrowed $500M in incremental Term B-7 Loans via Amendment No. 12 to credit agreement.","Proceeds will fund purchase of a distribution center and repay ABL borrowings.","Amendment No. 12 adds $500M at 99.0 OID; terms identical to existing Term B-7 Loans.","Total outstanding Term B-7 Loans (including new) now $1,743,750,000.","JPMorgan, BofA Securities, and Wells Fargo acted as joint lead arrangers."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-086221","json":"https://secwatch.observer/filing/0000950170-25-086221.json","markdown":"https://secwatch.observer/filing/0000950170-25-086221.md","text":"https://secwatch.observer/filing/0000950170-25-086221.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1579298/000095017025086221/0000950170-25-086221-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1579298/000095017025086221/burl-20250611.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T08:21:31.854593+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":"fb88d3aa86f90bf5b1cbbe3afc50d7555f1e8bac","claim":"Burlington Stores, Inc. incurred term loan of $500 million with JPMorgan Chase Bank, N.A..","evidence_excerpt":"The parties entered into the Amendment in order to, among other things, incur $500 million of incremental term loans (the “Incremental Term Loans”) under the Term Loan Credit Agreement as additional Term B-7 Loans.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1579298/000095017025086221/0000950170-25-086221-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$500 million"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A."},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}