{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-062741","form_type":"8-K","ticker":"LTC","cik":"0000887905","company_name":"LTC PROPERTIES INC","filed_at":"2022-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:04.154454+00:00","generated_at":"2026-06-25T09:37:54.002219+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"LTC Properties issues $75M senior unsecured notes at 3.66% to repay credit line","bullets":["$75M senior unsecured notes at 3.66%, avg. life ~10 yrs, mature May 2033.","Proceeds primarily used to pay down existing unsecured revolving credit line; $41M used for YTD investments initially funded by credit line.","YTD invested ~$113M, sold assets with net gain ~$38M generating net proceeds ~$73M.","Amended existing senior unsecured note agreements to conform with credit agreement covenants.","CEO cites strengthening balance sheet by terming out variable-rate debt at an attractive fixed coupon."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-062741","json":"https://secwatch.observer/filing/0001104659-22-062741.json","markdown":"https://secwatch.observer/filing/0001104659-22-062741.md","text":"https://secwatch.observer/filing/0001104659-22-062741.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/887905/000110465922062741/0001104659-22-062741-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/887905/000110465922062741/tm2215752d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T09:37:54.002219+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"}