{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-003256","form_type":"8-K","ticker":"SCI","cik":"0000089089","company_name":"SERVICE CORP INTERNATIONAL","filed_at":"2023-01-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.433248+00:00","generated_at":"2026-06-20T16:20:16.342414+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Service Corp International enters $2.175B unsecured credit agreement maturing 2028","bullets":["$1.5B revolver and $675M term loan A, both maturing January 2028.","Proceeds to refinance existing credit facilities and pay related fees.","Interest rates: SOFR plus 1.50%-2.25% or base rate plus 0.50%-1.25%, based on leverage.","Leverage ratio covenant of 5.00x (step-up to 5.50x for three quarters after a qualified acquisition).","Indebtedness guaranteed by domestic subsidiaries; customary negative and affirmative covenants."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-003256","json":"https://secwatch.observer/filing/0001104659-23-003256.json","markdown":"https://secwatch.observer/filing/0001104659-23-003256.md","text":"https://secwatch.observer/filing/0001104659-23-003256.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/89089/000110465923003256/0001104659-23-003256-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/89089/000110465923003256/tm233187d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T16:20:16.342414+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":[{"claim_id":"8a1fd786f39619675bbba0defab496534a4bef86","claim":"SERVICE CORP INTERNATIONAL entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions, as lenders valued at $675 million senior term loan facility (effective 2023-01-11).","evidence_excerpt":"On January 11, 2023, Service Corporation International (the “Company”) entered into a new senior unsecured credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions, as lenders, providing for a $675 million senior term loan facility, maturing in January 2028","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/89089/000110465923003256/0001104659-23-003256-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions, as lenders"},{"label":"Value","value":"$675 million senior term loan facility"},{"label":"Effective","value":"2023-01-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}