{"schema_version":"secwatch.filing_event.v1","accession":"0001056288-22-000012","form_type":"8-K","ticker":"FHI","cik":"0001056288","company_name":"FEDERATED HERMES, INC.","filed_at":"2022-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:05.283420+00:00","generated_at":"2026-06-26T23:04:03.576970+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Federated Hermes completes HFML exchange, plans $350M note issuance at 3.29%","bullets":["Completed exchange of HFML beneficial interests for 1,183,066 restricted FHI shares and 318,807 treasury shares, making HFML wholly-owned.","Value of HFML shares received: $47.5 million based on Dec 31, 2021 independent valuation.","Intends to issue $350M senior unsecured notes at 3.29% coupon, maturing March 17, 2032, with semi-annual payments.","Proceeds to fund share repurchases, potential acquisitions, pay down existing debt, and general corporate purposes.","Lead agents: Citigroup Global Markets Inc. and PNC Capital Markets LLC."],"urls":{"canonical":"https://secwatch.observer/filing/0001056288-22-000012","json":"https://secwatch.observer/filing/0001056288-22-000012.json","markdown":"https://secwatch.observer/filing/0001056288-22-000012.md","text":"https://secwatch.observer/filing/0001056288-22-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1056288/000105628822000012/0001056288-22-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1056288/000105628822000012/fhi-20220314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-26T23:04:03.576970+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"}