{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-062893","form_type":"8-K","ticker":"SCM","cik":"0001551901","company_name":"Stellus Capital Investment Corp","filed_at":"2022-05-19T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.163326+00:00","generated_at":"2026-06-25T09:11:43.945825+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Stellus Capital ups revolving credit facility to $265M, transitions from LIBOR to SOFR","bullets":["Revolving credit facility increased from $250M to $265M; commitments raised by Amegy Bank, Frost Bank, Hancock Whitney, CommunityBank of Texas.","Term SOFR + 2.50% (2.75% if asset coverage <=1.90x) plus credit spread adjustment (0.10%-0.15%); 0.25% SOFR floor.","Alternate base rate option remains: prime rate (3% floor) + 1.50% (1.75% if coverage test triggered).","Amendment dated May 13, 2022, subject to conditions including lender approvals and UCC searches.","Third Amendment formalizes LIBOR to SOFR transition, waives break funding fees for prior Eurocurrency loans."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-062893","json":"https://secwatch.observer/filing/0001104659-22-062893.json","markdown":"https://secwatch.observer/filing/0001104659-22-062893.md","text":"https://secwatch.observer/filing/0001104659-22-062893.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1551901/000110465922062893/0001104659-22-062893-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1551901/000110465922062893/tm2215608d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T09:11:43.945825+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"}