{"schema_version":"secwatch.filing_event.v1","accession":"0001049521-22-000013","form_type":"8-K","ticker":"MRCY","cik":"0001049521","company_name":"MERCURY SYSTEMS INC","filed_at":"2022-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.262416+00:00","generated_at":"2026-06-27T03:24:11.343233+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":"Mercury Systems upsizes revolver to $1.1B, extends maturity to 2027","bullets":["Revolving credit facility increased from $750M to $1.1B; maturity February 28, 2027.","Maximum net leverage ratio raised to 4.50x (5.00x for four quarters following a material acquisition).","Outstanding borrowings unchanged at $451.5M; initial interest rate SOFR plus 1.250%.","Quarterly commitment fee on unused portion initially set at 0.20% per annum, subject to pricing grid."],"urls":{"canonical":"https://secwatch.observer/filing/0001049521-22-000013","json":"https://secwatch.observer/filing/0001049521-22-000013.json","markdown":"https://secwatch.observer/filing/0001049521-22-000013.md","text":"https://secwatch.observer/filing/0001049521-22-000013.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1049521/000104952122000013/0001049521-22-000013-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1049521/000104952122000013/mrcy-20220228.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T03:24:11.343233+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"}