{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-023554","form_type":"8-K","ticker":"MAGN","cik":"0000041719","company_name":"Magnera Corp","filed_at":"2023-02-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.660883+00:00","generated_at":"2026-06-19T07:25:06.947053+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Glatfelter enters €250M term loan facility with Angelo Gordon at 11.25% interest","bullets":["€250M senior secured term loan facility from Angelo Gordon; 6-year term, 11.25% fixed rate.","Proceeds to refinance existing term loan, for working capital and general corporate purposes.","Prepayment premiums: make-whole first 18 months, then 5.5% (months 19-36), 2.75% (months 37-48), thereafter par.","Collateral: first priority on foreign assets, second priority on domestic assets; guarantees from domestic and foreign subsidiaries.","Interest may be paid in kind (5% PIK) for first two years at borrower's election."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-023554","json":"https://secwatch.observer/filing/0001104659-23-023554.json","markdown":"https://secwatch.observer/filing/0001104659-23-023554.md","text":"https://secwatch.observer/filing/0001104659-23-023554.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/41719/000110465923023554/0001104659-23-023554-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/41719/000110465923023554/tm237385d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T07:25:06.947053+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":"7154c60d67cfb42b61a6fa93226d5d12ef2df40f","claim":"Magnera Corp entered into Term Loan Facility Commitment Letter with Angelo, Gordon & Co., L.P. valued at €250,000,000.00 (effective 2023-02-20).","evidence_excerpt":"On February 20, 2023, Glatfelter Corporation, (“ Parent ”), entered into a Commitment Letter (the “ Term Loan Facility Commitment Letter ”), by and among Parent, Glatfelter Luxembourg S.à r.l. (“ Borrower ”) and Angelo, Gordon & Co., L.P. (“ Angelo Gordon ”), as lender.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/41719/000110465923023554/0001104659-23-023554-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Angelo, Gordon & Co., L.P."},{"label":"Value","value":"€250,000,000.00"},{"label":"Effective","value":"2023-02-20"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}