{"schema_version":"secwatch.filing_event.v1","accession":"0001023731-24-000062","form_type":"8-K","ticker":"EGHT","cik":"0001023731","company_name":"8X8 INC /DE/","filed_at":"2024-07-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:11.922783+00:00","generated_at":"2026-05-31T20:38:34.871162+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"8x8 secures $200M delayed draw term loan at lower interest rate to refinance existing debt","bullets":["New $200M delayed draw term loan with Wells Fargo, matures Aug 15, 2027, undrawn as of July 15, 2024.","Initial interest rate SOFR+3.00%, about 3.6pp lower than existing term loan; can step down to SOFR+2.50%.","Proceeds plus $25M from cash will prepay entire $225M outstanding under existing term loan due Aug 2027.","Scheduled principal payments: $22.5M FY25, $37.5M FY26, $47.5M FY27, $92.5M at maturity; stock repurchases allowed.","CFO Kevin Kraus says lower rate reflects lender confidence and enhances financial flexibility."],"urls":{"canonical":"https://secwatch.observer/filing/0001023731-24-000062","json":"https://secwatch.observer/filing/0001023731-24-000062.json","markdown":"https://secwatch.observer/filing/0001023731-24-000062.md","text":"https://secwatch.observer/filing/0001023731-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1023731/000102373124000062/0001023731-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1023731/000102373124000062/eght-20240711.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T20:38:34.871162+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"}