{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-083241","form_type":"8-K","ticker":"INN","cik":"0001497645","company_name":"Summit Hotel Properties, Inc.","filed_at":"2022-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.932365+00:00","generated_at":"2026-06-24T08:07:51.200731+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Summit Hotel amends $600M credit facility, extends maturity, eases covenants","bullets":["Extended maturity on $400M revolver to March 2025 and $200M term loan to April 2025.","Eliminated minimum liquidity covenant; maximum leverage ratio set at 8.75x through June 2022 stepping down to 7.25x.","Switched interest rate benchmark from LIBOR to SOFR; swingline facility terminated.","Deutsche Bank resigned as administrative agent; Bank of America appointed successor.","Similar amendments made to $225M 2018 term loan with comparable terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-083241","json":"https://secwatch.observer/filing/0001104659-22-083241.json","markdown":"https://secwatch.observer/filing/0001104659-22-083241.md","text":"https://secwatch.observer/filing/0001104659-22-083241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922083241/0001104659-22-083241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1497645/000110465922083241/tm2221949d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T08:07:51.200731+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"}