{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-026118","form_type":"8-K","ticker":"SWIM","cik":"0001833197","company_name":"Latham Group, Inc.","filed_at":"2022-02-23T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.673047+00:00","generated_at":"2026-06-27T05:37:29.612392+00:00","sec_items":["1.01","1.02","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Latham Group enters $400M credit facility (revolver $75M, term loan $325M) to refinance existing debt","bullets":["Revolving credit facility $75M; term loan facility $325M; proceeds used to repay prior credit agreement.","Revolver matures Feb 2027; term loan matures Feb 2029; SOFR+3.50% margin on revolver, SOFR+3.75-4.00% on term loan.","Commitment fee on unused revolver ranges from 0.25% to 0.50% depending on leverage ratio.","Facility guaranteed by Latham International Manufacturing and domestic subsidiaries; secured by substantially all assets.","Covenants include maximum First Lien Net Leverage Ratio of 5.50:1.00 when revolver usage exceeds 40%."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-026118","json":"https://secwatch.observer/filing/0001104659-22-026118.json","markdown":"https://secwatch.observer/filing/0001104659-22-026118.md","text":"https://secwatch.observer/filing/0001104659-22-026118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1833197/000110465922026118/0001104659-22-026118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1833197/000110465922026118/tm227460d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T05:37:29.612392+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"}