{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-154297","form_type":"8-K","ticker":"BSY","cik":"0001031308","company_name":"BENTLEY SYSTEMS INC","filed_at":"2021-12-29T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.171347+00:00","generated_at":"2026-06-27T21:51:27.440863+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Bentley Systems adds $200M term loan, extends maturity to Nov 2025","bullets":["New $200M senior secured term loan due Nov 15, 2025; amortizes 2.5% p.a. for first 2 years, 5% p.a. for next 2 years.","Incremental facility capacity raised to $200M for both revolving and term loan commitments.","Net leverage ratio covenant increased foreign unrestricted cash deduction from 65% to 100%.","Immaterial subsidiaries (<5% revenue/assets) exempted from guarantee and pledge requirements.","Swingline loans in EUR and GBP suspended until LIBOR replacement benchmark selected."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-154297","json":"https://secwatch.observer/filing/0001104659-21-154297.json","markdown":"https://secwatch.observer/filing/0001104659-21-154297.md","text":"https://secwatch.observer/filing/0001104659-21-154297.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1031308/000110465921154297/0001104659-21-154297-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1031308/000110465921154297/tm2136399d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T21:51:27.440863+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"}